Transfers Within Program and Title Clause Samples
The "Transfers Within Program and Title" clause governs the movement of funds or resources between different budget categories or project components within the same program or funding title. Typically, this clause outlines the conditions under which such transfers are permitted, such as requiring prior approval from the funding agency or setting limits on the amount that can be reallocated without notification. Its core practical function is to provide flexibility in managing project finances while maintaining oversight and compliance with funding requirements, thereby preventing misuse of funds and ensuring that resources are used as intended.
Transfers Within Program and Title. Transfers of staff between units within a single program, without any change in title, although requiring no posting, shall require notice to the shop and consultation with the staff. It is understood that the decision to make such a transfer is in the sole discretion of the Employer.