![]() You are also asked to Identify the basis for the labor rate(s) proposed and to explain why it is reasonable for the market (e.g., education, skills, experience, salary survey, etc.). Be sure that the information that you put in the budget explanation form aligns with the SF424 budget form. In addition you will need to estimate the number of hours they will work. If people work part time and are paid on an hourly basis, then you have what you need. To determine the hourly rate you take the base salary and divide that by 2,080 – This will give you the hourly rate. A work year typically contains 2,080 hours. You are also asked to state the number of hours to be expended, and the hourly labor rate, for each position proposed. Producing reports typically falls within direct labor, unless administrative help is required. However, the Principal Investigator can include the effort to manage the program in the direct labor budget. (Note: If your budget includes any proposed labor that is primarily administrative or managerial in nature, particular effort should be made to support such labor, as these positions are not customarily proposed or recorded as direct labor charge.) Typically administrative and/or managerial tasks are part of your indirect rates. Electrical Engineer).īriefly justify the need for each individual proposed. If individuals are not yet hired, identify each by his or her labor category (for example, Sr. Here be sure to identify by name and job title those individuals within your organization who will be supporting the program. The first section you must complete is the Labor section – You are asked to Identify each position (“Role in Project”) to be supported under the proposed award, including the name of the Principal Investigator and other Key Personnel. Let’s start on the first page of the Budget Justification form. Also be sure that the cost figures that you provide in the Budget Justification form are consistent with those in your proposed budget pages. The form suggests that if an element on the form is not applicable, that you should mention that it is not applicable, rather than just leaving that section blank. Be sure to attach any supporting documentation used for justification. As we begin to work our way through this, it will become apparent why you cannot leave work on the budget until the last minute.Ī phrase that you will frequently see in the budget justification form is “basis for the cost estimate.” This overriding theme requires that you identify, itemize, estimate, and justify costs. I will then walk you through the process of completing the Budget Justification form. ![]() There, you will find the Budget Justification form roughly in the middle of the page. Once you are on the DOE website, navigate to Applicant and Awardee Resources. ![]() To get there quickly please use the Links tool that accompanies this tutorial. Otherwise you won’t be able to follow this tutorial. Before starting this tutorial it is important that you download the Budget Justification form from DOE’s website. The purpose of this module is to assist you in preparing the Budget Justification form submitted as part of your DOE SBIR or STTR application.
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