Request for Additional Funds Sample Clauses
The Request for Additional Funds clause outlines the process by which a party can formally seek extra payment beyond the original contract amount. Typically, this clause specifies the circumstances under which additional funds may be requested, such as unforeseen expenses or changes in project scope, and details the required documentation or approval process. Its core function is to provide a clear and structured method for addressing budget overruns or new financial needs, thereby reducing disputes and ensuring both parties understand how extra costs will be managed.
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Request for Additional Funds i. The Contractor must notify the DCYF in writing when Part C of IDEA funding will be expended before the end of the Contract funding period and any final request for additional funds must be received by The DCYF no later than May 1 of the Contract period.
ii. Requests to increase the funding allotment must be received at least one month prior to the date the funds are needed.
iii. Any additional funds must be budgeted according to the Exhibit titled Budget and Expenditures Workbook Definitions and Instructions.
iv. The Budget Amendment Form, and if applicable, the Subcontractor Budget Amendment Form, provided by the DCYF, must be used.
Request for Additional Funds. 7.4.5.1. The Contractor shall notify ESIT in writing, as soon as the Contractor knows or can project when current funding will be expended before the end of the Contract funding period.
7.4.5.2. Whenever possible in order to prevent signing an amendment after the effective date of the amendment, DEL prefers to have requests to increase the funding allotment at least one month prior to the date the funds are needed.
7.4.5.3. Any additional funds shall be budgeted according to Exhibit E, Budget Definitions and Instructions.
7.4.5.4. The Budget Amendment Form, and if applicable, the Subcontractor Budget Amendment Form, provided by ESIT, shall be used.
7.4.5.5. A final request for additional funds shall be received by ESIT no later than the first day of May, of the Contract period.
7.4.5.6. ESIT shall provide a written response, with instructions on how to proceed, within ten (10) business days of receipt of the Contractor’s written notification.
Request for Additional Funds. 6.5.1. The Contractor will notify ESIT in writing, as soon as the Contractor knows or can project when current funding will be expended before the end of the Contract funding period.
6.5.2. ESIT will provide a written response, with instructions on how to proceed, within ten (10) working days of receipt of the Contractor's written notification.
6.5.3. Any additional funds will be budgeted according to Exhibit E, Budget Definitions and Instructions.
Request for Additional Funds. (a) The Contractor must notify the DCYF in writing when funding will be expended before the end of the Contract funding period and any final request for additional funds must be received by DCYF no later than May 1 of the Contract period.
(b) Requests to increase the Contract Budget must be received at least one month prior to the date the funds are needed.
(c) Any additional funds must be budgeted according to the Exhibit titled Budget Workbook Definitions and Instructions.