The SF-424C Budget Information Instructions outline the requirements for applicants to present a detailed budget for their proposed project, encompassing both Federal and matching funds. The budget must be comprehensive, separating project costs into several categories including administrative/legal expenses, land acquisition costs, relocation expenses, architectural and engineering fees, project inspection fees, site work, demolition costs, construction costs, equipment expenses, miscellaneous charges, and contingency funds. Each category requires a clear computation basis and must reflect reasonable and necessary costs associated with the project. This structured approach ensures transparency and accountability in financial planning for government grants and RFPs, ultimately aiding in effective project execution and compliance with federal guidelines. The document serves as a critical resource for applicants seeking federal funding, emphasizing the importance of a detailed and justified budget in securing financial support.

The government file outlines requirements for submitting a detailed budget for proposed projects under federal grants and RFPs. Applicants must itemize costs across several categories: Personnel, Fringe Benefits, Travel, Equipment, Supplies, Consultants/Contracts, Other, and Indirect Costs. Each category needs specific details, such as personnel titles, salary rates, travel purposes with estimated costs, and the necessity of equipment purchase versus leasing. Additionally, consultants’ fees and associated expenses must be documented, promoting competitive bidding practices. Indirect costs are permissible only if the applicant has a federally approved rate, necessitating documentation for transparency. This structured budget narrative ensures proper allocation of federal funds while promoting accountability and adherence to fiscal guidelines in grant-funded projects.