Common use of Cost Reimbursement Budget Clause in Contracts

Cost Reimbursement Budget. 1. The Cost Reimbursement budget documents all approved and allowable expenditures; Grantee shall only utilize the funding detailed in Attachment B for approved and allowable costs. If Grantee requests to utilize funds for an expense not documented on the approved budget, Grantee shall notify, in writing, the System Agency assigned contract manager and request approval prior to utilizing the funds. System Agency shall provide written notification regarding if the requested expense is approved. 2. If needed, Grantee may revise the System Agency approved Cost Reimbursement budget. The requirements are as follows: a. Grantee is allowed to transfer funds from the budgeted direct categories only; with the exception of the Equipment Category. Grantee may transfer up to ten percent (10%) of the Fiscal Year Contract value without System Agency

Cost Reimbursement Budget. 1. The Cost Reimbursement budget documents all approved and allowable expenditures; Grantee shall only utilize the funding detailed in Attachment B for approved and allowable costs. If Grantee requests to utilize funds for an expense not documented on the approved budget, Grantee shall notify, in writing, the System Agency assigned contract manager Contract Manager and request approval prior to utilizing the funds. System Agency shall provide written notification regarding if the requested expense is approved. 2. If needed, Grantee may revise the System Agency approved Cost Reimbursement budget. The requirements are as follows: a. Grantee is allowed to transfer funds from the budgeted direct categories only; with the exception of the Equipment Category. Grantee may transfer up to ten percent (10%) of the Fiscal Year Contract value without System Agencyten

Cost Reimbursement Budget. 1. The Cost Reimbursement budget documents all approved and allowable expenditures; Grantee shall only utilize the funding detailed in Attachment B for approved and allowable costs. If Grantee requests to utilize funds for an expense not documented on the approved budget, Grantee shall notify, in writing, the System Agency assigned contract manager and request approval prior to utilizing the funds. System Agency shall provide written notification regarding if the requested expense is approved. 2. If needed, Grantee may revise the System Agency approved Cost Reimbursement budget. The requirements are as follows: a. Grantee is allowed to transfer funds from the budgeted direct categories only; with the exception of the Equipment Category. Grantee may transfer up to ten percent (10%) of the Fiscal Year Contract value without System Agencyten

Cost Reimbursement Budget. 1. The Cost Reimbursement budget documents all approved and allowable expenditures; Grantee Performing Agency shall only utilize the funding detailed in Attachment B for approved and allowable costs. If Grantee Performing Agency requests to utilize funds for an expense not documented on the approved budget, Grantee Performing Agency shall notify, in writing, the System Agency assigned contract manager and request approval prior to utilizing the funds. System Agency shall provide written notification regarding if the requested expense is approved. 2. If needed, Grantee Performing Agency may revise the System Agency approved Cost Reimbursement budget. The requirements are as follows: a. Grantee Performing Agency is allowed to transfer funds from the budgeted direct categories only; with the exception of the Equipment Category. Grantee may transfer up to ten percent (10%) of the Fiscal Year Contract value without System Agencyten