Revision of budget and program plans.

CFR · 2024-01-01 · US · Title 10

(a) The budget plan is the financial expression of the project or program as approved during the award process. It includes the sum of the Federal and non-Federal shares when there are cost sharing requirements. The budget plan must be related to performance for program evaluation purposes, whenever appropriate. (b) The recipient must obtain the contracting officer's prior approval if a revision is necessary for either of the following two reasons: (1) A change in the scope or the objective of the project or program (even if there is no associated budget revision requiring prior written approval). (2) A need for additional Federal funding. (c) The recipient must obtain the contracting officer's prior approval if a revision is necessary for any of the following six reasons, unless the requirement for prior approval is specifically waived in the program regulation or terms and conditions of the award: (1) A change in the approved project director, principal investigator, or other key person specified in the application or award document. (2) The absence for more than three months, or a 25 percent reduction in time devoted to the project, by the approved project director or principal investigator. (3) The inclusion of any additional costs that require prior approval in accordance with the applicable costs principles for Federal funds and the requirements applicable to the recipient's cost share or match, as provided in § 600.313 and § 600.317, respectively. (4) The inclusion of

official document · source cfr-2024 · id 10:§ 600.315