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It includes placeholders for project leadership, an overall project request, and sectioned guidance for budget detail plus a written explanation. 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Budget Detail\n(Note: applicants may choose to convert the table below to Google Sheets, Excel Spreadsheets, or similar, as needed, and then paste the completed form back into this template document.)\nOVERALL PROJECT REQUEST: ______________\nSection 2 of 2. Budget Explanation\nComplete a narrative explaining the specifics of each budget category listed above, as appropriate. Example language is provided to assist applicants. Additional guidance can be reviewed via \u0013 HYPERLINK \"https://coastalscience.noaa.gov/about/funding-opportunities/requirements/#:~:text=The%20budget%20narrative%20submitted%20with,must%20match%20the%20budget%20narrative\" \\h \u0014NOAA Grants Management Division.\u0015 Applicants may contact Alaska Sea Grant for technical assistance with preparing the budget explanation.\nSALARY AND WAGES\nPerson X will contribute X hours to the project to [describe details here].\nFRINGE\nThe fringe rate for person X is xx%. For years one and two of the project, the fringe cost for person X will be___, calculated as Person 1 salary x project hours x fringe rate.\nOTHER PARTICIPANT SUPPORT COSTS\nDescribe other participant costs in a summary table as well as in a written description. These may include compensation for volunteers, honoraria for speakers, etc.\nTRAVEL\nPerson X and Y will travel from [location] to [location] via [mode of travel] to [conduct activities related to the project]. They will also use [other mode of transportation and reason]. The total travel cost for this trip will be $xxx.\nHIRED/CONTRACTUAL SERVICES\nProvide the name of the contractor, if known, and a brief scope of work. Break down costs listed in the table above and describe in detail. Include information on how the contractor was/will be selected and explained.\nSUPPLIES\nList supplies and amounts as a table, then describe the purpose of each supply.\nSupply one\t$xx\nSupply two \t$xx\nSupply one will be used to [complete activity]. Supply two will be used to [complete activity.]\nEQUIPMENT\nEquipment is defined as an article of tangible personal property that has a useful life of more than one year and a per-unit acquisition cost which equals or exceeds the lesser of the capitalization level established by the non-Federal entity for financial statement purposes, or $5,000. Provide a lease versus purchase analysis. This must accompany every equipment request over $5,000 even if a lease vs purchase analysis cannot be completed, a statement is required to that effect. General purpose equipment such as office equipment and furnishings, and information technology equipment and systems are typically not eligible for direct cost support (2 CFR §200.439). Provide objective-related justification for all equipment items after the detailed budget. The source for determining the budget price for each unit of equipment should be included in the justification.\nExample language:  Equipment costs of $______ are requested for the purchase of THING ONE (cost), THING TWO (cost), and THING THREE (cost). The purpose for each equipment purchase is…\nOTHER COSTS\nList uncategorized costs or fees using a table and then describe the purpose of each other cost or fee. Note: Construction activities or costs are not allowed.\nINDIRECT COSTS\nIndirect costs are those costs incurred for common or joint objectives which cannot be readily identified with an individual project or program but are necessary to the operations of the organization. Please refer to the DOC Financial Assistance Standard Terms and Conditions and the 2 CFR 200 for more information about indirect costs and facilities and administrative costs, including more information regarding pre-determined, provisional, and fixed rates.\nProvide the most recent indire","cbCaioTxTQz2gEnO","https://ap.wps.com/l/cbCaioTxTQz2gEnO","docx",12526,"English","# Budget Detail\n## Project Information\n## Overall Project Request\n# Budget Explanation\n## Salary and Wages\n## Fringe\n## Other Participant Support Costs\n## Travel\n## Hired/Contractual Services\n## Supplies\n## Equipment\n## Other Costs\n## Indirect Costs","[{\"question\":\"What sections does the budget template include?\",\"answer\":\"The template is organized into a budget detail section (Section 1 of 2) and a budget explanation section (Section 2 of 2), with guidance to complete both the figures and the narrative justification.\"},{\"question\":\"What is required for the budget explanation?\",\"answer\":\"A complete narrative explaining the specifics of each budget category listed in the template, using the provided example language as needed.\"},{\"question\":\"How does the template address equipment costing and eligibility?\",\"answer\":\"Equipment guidance defines eligible equipment and requires lease versus purchase analysis for equipment requests over $5,000, along with objective-related justification and a source for each unit price.\"}]","Alaska Sea Grant - 2024 Community Marine Debris Removal Funding Opportunity - Budget Template | DOCX"]