The ability to transfer all or partial monies from one line item to another is dependent upon grant guidelines and program office approval. Any requested changes cannot be acted upon until approved by the program office. Anticipated expenditures that would cause an overexpenditure or unauthorized expenditure must be requested no later than 90 days prior to the project end date. Final expenditures (with the exception of Indirect Cost) may exceed the last approved line items by no more than 10% or $1,000, whichever is greater, without exceeding the budget total.
6. How can I use the Amendment process to avoid an overexpenditure or unauthorized expenditure at Completion Report time? How does that relate to the “10% or $1,000, whichever is greater” rule?
December 2, 2011 By