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  • Ok Center For The Advancement Of Science And Technology (ocast) Budget Modification Request Form 2013

Get Ok Center For The Advancement Of Science And Technology (ocast) Budget Modification Request Form 2013-2025

Or proposes a modification greater than 10% of the original approved OCAST portion of the budget in one of the following research programs: Applied Research, Health Research, Plant Sciences, Intern, or Nanotechnology Applications. The Contractor must receive approval from OCAST prior to incurring such costs. A. GENERAL INFORMATION PI: Project: Contract #: Funding Period: Contact Person Name & PH #: Contact Person Address: to B. MODIFICATION JUSTIFICATION. Prepare on a separate sheet; see.

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How to fill out the OK Center For The Advancement Of Science And Technology (OCAST) Budget Modification Request Form online

The OK Center For The Advancement Of Science And Technology (OCAST) Budget Modification Request Form is essential for any Principal Investigator proposing modifications greater than 10% of the original budget. Filling out this form accurately online is crucial for obtaining the necessary approval for budget adjustments.

Follow the steps to complete the budget modification request form online.

  1. Click the ‘Get Form’ button to access the Budget Modification Request Form and open it in the editor.
  2. In section A, provide the general information required, including the Principal Investigator's name, project title, contract number, funding period, and contact person's name and phone number. Make sure to include the full address of the contact person.
  3. For section B, prepare a justification for the modification on a separate sheet, detailing the necessity of the changes.
  4. In section C, complete the requested budget modifications by filling in the current OCAST budget amounts, the proposed modifications (indicating whether they are positive or negative), and calculating the revised budget for each category, including personnel, travel, supplies, equipment, and more.
  5. In section D, ensure that both the Principal Investigator and the designated contract official print their names, sign, and date the form.
  6. After completing all sections, review the form for accuracy. Users can then save changes, download, print, or share the completed form according to their needs.

Complete your budget modification request form online and ensure your project stays on track.

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Budget variance equals the difference between the budgeted amount of expense or revenue, and the actual cost. Favourable or positive budget variance occurs when: Actual revenue is higher than the budgeted revenue. Actual expenses are lower than the budgeted expenses.

A budget modification is a zero-sum adjustment of line items in a fiscal year budget. A budget modification does not change the value of the contract. If your organization increased the budget in one area, a proportional decrease would need to occur on another line item in the budget.

A Budget Amendment (BA) is the mechanism used to revise the working budget of state-supported and auxiliary enterprises accounts to reflect changes that occur throughout the fiscal year.

Budget Adjustments are used to modify an approved budget to reallocate funds among the budget categories. The original award amount may not be increased by this procedure.

The budget amendment process is important to help ensure that expenditures made during the fiscal year are supported by the budgets created during the working budget cycle. If you fail to amend the budgets to meet any changing circumstance, it can lead to an over expenditure of funds.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232