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Concerning instructions at 6.c. for equipment items costing over $10,000: Is this listing apart from the Lead Institution's budget justification for its Main Budget? If so, do we list here only $10K+ equipment to be acquired by the Lead Institution? Or do we also list here any subcontractor’s $10K+ equipment? Or does each subcontractor identify/justify equipment within their own two-page budget justifications?

asked in Budget by admin

1 Answer

Please include and identify items of equipment costing more than $10,000 in section C of the annual budget template. If sub-awards are submitting a separate budget because their annual budget exceeds $100,000, they should also include and identify any equipment costing more than $10,000 in section C of the template. If a sub-award is not submitting a separate budget because their annual budget is less than $100,000, the expenditures over $10,000 should be included in section C of the Lead Institution’s budget. Full justification for these costs should be included in the budget justification.
answered by admin

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