The document outlines a mandatory budget format for federal government RFPs (Requests for Proposals) and grants, emphasizing the need for a detailed financial summary over a five-year period. The budget template specifies various categories, including labor, fringe benefits, travel, equipment, supplies, subawards, other direct costs, and indirect costs. For each category, proposers must provide specific data for each year, including rates and levels of effort (LOE) for labor and travel, as well as details concerning any subrecipients or subcontracts. Key aspects highlighted include the requirement for comprehensive reporting of estimated costs associated with project execution. Notably, the budget summary encourages clarity in financial planning and underscores the importance of delineating direct and indirect costs. This structured format aims to facilitate transparent evaluation of proposals and ensures that expenditures align with the goals of federal funding initiatives. The document serves as a crucial guide for applicants seeking federal or state funding, emphasizing accurate financial reporting as an essential component of proposal submissions.