HMEP Financial Review Checklist.pdf

HMEP Budget Review

Reviewer:

Applicant:

Date:

Section I: Line-item Review

1. Did the applicant provide a Line-Item Budget that is internally consistent and includes the required funds to cover the non-federal match?

Yes No N/A

2. Did the budget narrative provide detail as to how the costs under Personnel correspond to the staff included in the narrative, and how they were calculated?

Yes No N/A

3. Did the budget narrative provide an explanation or breakout of the staff Fringe Benefits?

Yes No N/A

4. If there are funds entered under Travel, does the budget narrative provide a clear and reasonable explanation that relates to these costs?

Yes No N/A

5. Did the budget narrative clearly identify what is being purchased as Equipment and separated from what is budgeted as Supplies (e.g.<$5000) based on per unit cost? Are costs adequately explained?

Yes No N/A

6. If there are funds under Contractual, does the budget narrative clearly describe how contractual costs were derived for each contractual agreement and/or subaward?

Yes No N/A

7. If there are funds under “Other”, have the costs been reasonably explained?

HMEP Budget Review

8. If indirect costs are requested, does the application/budget narrative include an approved, current Indirect Cost Rate (IDCR) agreement?

9. Did the applicant adequately explain how matching requirements would be met in the budget narrative?

10. What is the summary recommendation? (Exceptional; Acceptable; Unacceptable)

Exceptional Acceptable Unacceptable

Section II: Questions for the Record

List any questions for the record that the applicant must address before the Grants Division can approve an award:

Section III: Comments and Special Terms and Conditions

List any recommended special terms and conditions for the Remarks section of the NGA:

Section IV: Update

List any update that resulted from correspondence with the grantee.