Does the “25% Rebudgeting Rule” apply to Modular Grants?
Prior approval for “Significant Rebudgeting” or the “25% Rebudgeting Rule” is now only required if it is likely to be considered a change in scope (a significant change from the aims, objectives, or purposes of the approved project.) Significant rebudgeting occurs when expenditures in a single direct cost budget category deviate (increase or decrease) from the categorical commitment level established for the budget period by more than 25 percent of the total costs awarded. For example, if the award budget for total costs is $200,000, any rebudgeting that would result in an increase or decrease of more than $50,000 in a budget category is considered “significant rebudgeting.” The base used for determining significant rebudgeting excludes the effects of prior-year carryover balances but includes competing and non-competing supplements.
Related Questions
- For NIH grants, why does the application package list both a modular and a detailed budget form in the optional document section? Am I required to complete these ‘optional’ forms?
- How should F&A be calculated and detailed on the routing form and NIH checklist for Modular Grants?
- Does the "25% Rebudgeting Rule" apply to Modular Grants?