Variations to Budget Clause Samples

Variations to Budget. In addition to clause 10.3(b), the Recipient: may, with prior written notice to the Departments, amend the Budget without the consent of the Departments if the amendment to the Budget is for minor changes derived from standard day to day requirements; and must not, without the prior written consent of the Departments (in their absolute discretion), amend the Budget for any changes except those under clause 10.3(a)(1). Without limitation to clause 10.3(a), the Recipient must not amend the Budget or otherwise apply or Legally Commit the Funds without the prior written consent of the Departments if such action would result in the total Eligible Expenditures incurred or expected to be incurred to be sourced from the Funds exceeding the Grant Funding Percentage. Within 20 Business Days’ of the end of each Update Period, the Recipient must provide to the Departments a notice identifying any amendments made to the Budget during that Update Period and attaching a copy of the amended Budget.

Variations to Budget. ‌ (a) Subject to clauses 9.5(b), You may amend the Budget without the consent of the Office. (b) You must not amend the Budget or otherwise apply or Legally Commit the Funds (without the prior written consent of the Office), if this will result in:‌ (1) the total Funds exceeding the amount originally approved; (2) more than 80% of the total installation and equipment costs per EV charger incurred or expected to be incurred being sourced from the Funds; (3) if applicable, more than 80% of the cost of a three-year EV charger software subscription for each charging site incurred or expected to be incurred being sourced from the Funds; (4) the total Funds per charge port exceeding $10,000 (ex GST); or (5) the total Overseas Expenditure exceeding 10% of the Funds. (c) Within 20 Business Days of the end of each Update Period, You must provide the Office with a notice identifying any amendments made, and justification for these, to the Budget during that Update Period and attaching a copy of the amended Budget.

Variations to Budget. For information only (a) The Recipient may amend the Budget from time to time with the prior written approval of the Department. (b) The Recipient may amend the Budget without the Department’s approval if the effect of that amendment (taken with all previous amendments) would be to: (1) increase or decrease an individual item, or the quantum of the total Budget, by no more than the percentage set out in item 12 of the Pre- investment Activity Details; and (2) not result in the total Overseas Expenditure exceeding 10% of the Funds.