Provide an Estimate of the Expenditures and Funding required for execution and close out of the project. The budget should represent all of the revenue and expenses associated with the specific project to be funded.What is a construction proposal? What to include in a construction proposal. This article discusses the important elements of a writing template and provides guidance on creating one. The pre-award associate will use the Virginia Tech budget template to prepare the budget. Discover what a bid proposal is, the elements of a bid proposal, how to create one and a template and example that can guide you. A success message indicates the PDF form has been created. 3. To view or download the filled-out form, click Subaward Budget Export.