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Code of Federal Regulations Title 2. Grants and Agreements § 2.1108.50 Approved budget

Current as of January 02, 2025 | Updated by Findlaw Staff

Approved budget means, in conjunction with a DoD Component award to a recipient, the most recent version of the budget the recipient submitted, and the DoD Component approved (either at the time of the initial award or subsequently), to summarize planned expenditures for the project or program under the award. It includes:

(a) All Federal funding made available to the recipient under the award to use for project or program purposes.

(b) Any cost sharing or matching that the recipient is required to provide under the award.

(c) Any options that have been exercised but not any options that have not yet been exercised.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 2. Grants and Agreements § 2.1108.50 Approved budget - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-2-grants-and-agreements/cfr-sect-2-1108-50/

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