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I am a sub-award with an annual dollar amount of over $100K/per year. Do fill out one budget template combining the 3 years and one combined 2-page budget justification? Instructions say "Submit a separate budget and budget justification (two-page limit) for each participating institution in cases where the sub-award exceeds $100K per year." And the Lead Institution would need to do the budget template for each year, with a separate justification after each yearly template, correct?

1 Answer

For subawards exceeding $100,000 per year, please fill out an annual budget template for each of the three years where the subaward exceeds $100,000. Lead institutions should provide an annual budget and justification for each of the three years of proposed research.
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