How should proposal budgets be prepared?
The proposal budget should be prepared to reflect the current equipment threshold of $500 through June 30, 1999 and the new threshold of $1,500 effective July 1, 1999 and thereafter. Proposal budgets for items to be ordered before July 1, 1999 will include any item costing more than $500 with a useful life of more than one year in the equipment portion of the budget and will exclude such items from the MTDC base. For items to be ordered July 1, 1999 and thereafter, items costing $1,500 or more will be included in the equipment portion of the budget and will be excluded from the MTDC base, while items costing less than $1,500 will be included in the materials and supplies budget category and included within the MTDC base. Question 25. What if the sponsor defines equipment using a lower threshold than the University, and takes title to equipment so defined? At what level will indirect costs be applied? How should these items be treated for inventory purposes? Absent a special award condi
Related Questions
- Must the indirect cost rate proposal or the central service cost allocation plan be prepared centrally for each state department performing under federal grant programs?
- I have never prepared a grant proposal and budget. Does EPA have guidance on preparing grant proposals and budgets?
- How is a project proposal prepared?
