THEMATIC CALL FOR PROPOSALS GUIDANCE SESSION BUDGETING REQUIREMENTS

BUDGET REQUIREMENTS Ensure budget Outputs, Activities and Sub-activities align to Results Framework; Ensure realistic estimates and put more resources towards achievement of results than overheads; Ensure budgets are well detailed, showing number of units and unit cost. Avoid putting lump sum figures; Unit costs for allowances should conform to provisions of Revised Harmonized Donor Rates effective 1 October 2015.; Put budget values in both Malawi Kwacha and British Pound at K900/GBP exchange rate;

BUDGET REQUIREMENTS Provision of personnel costs should align to a members level of effort contributing towards the project; Personnel Costs should align to the existing organization's salary structure; Where a sub-grantee will be involved, separate budget lines for Lead partner’s activities and Sub-grantee activities. Further, include a separate budget for sub-grantees; Check Mathematical accuracy; Include Cashflow Statements that align with workplan. Important for outlining disbursement schedule in the grant agreement.

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