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We submitted an LOI for X amount. We then realized we made a mistake in interpreting the budget information. We know that we need at least twice as much to conduct the research we proposed. We have been told that the difference between the LOI budget and the Proposal budget cannot be more than 5%. Please indicate if this is correct.

asked in Budget by admin

1 Answer

In the LOI, the information requested was the estimated total funding request. The budget provided in the LOI and LOI update are estimates only and do not constrain the budget included in the full proposal. Please follow the directions in the RFP-I Preparation and Submission Instructions for submitting the budget as part of your full proposal.
answered by admin

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