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The RFP discusses a potential 3 year plan at a range of $1-7.5M/consortium/year. The response to the LOI reminds us to adhere to the guidelines of $1-7.5M per proposal. Does that mean we should only prpose a budget for the first year, and that should be reflected in the LOI "Total Cost"?

asked in Budget by admin

1 Answer

The total funds available for distribution to Research Consortia through RFP-I will be a minimum of $37.5 million per year.  Four to eight Research Consortia will be selected, and funding for each is estimated to be between $1 million (minimum) and $7.5 million (maximum) per year.  The estimated funding request included for the LOI should be a total request for 3 years.
answered by admin

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