Financial Tolerances Sample Clauses

Financial Tolerances. In relation to the Grant: 15.2.1 Unapproved Programme costs which exceed and/or underspend (or are forecast to exceed and/or underspend) the allocated Programme budget by 5% are raised to the DPC Programme Board for notification; 15.2.2 Unapproved Programme which costs exceed and/or underspend (or are forecast to exceed and/or underspend) the allocated Programme Budget by 15% are raised to this DPC Programme Board for action and/or advice.