Sponsors sometimes request a revised budget after a proposal has been submitted. If an official award has already been issued, you will need to work with your assigned Grant or Contract Officer. If the award has not yet been issued, work with your Proposal Analyst to interpret sponsor requirements and draft a new budget accordingly. Once you have agreed upon a revised budget, your Proposal Analyst will submit the budget per the sponsor’s instructions.
Whenever possible, it is CU Boulder’s policy to update salary and fringe benefit rates if they have changed since the time of proposal submission. The indirect cost rates will generally not be updated; the rates used at time of proposal submission will generally be applied to all revised budgets.