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Cost Extension Requests
Background
A no cost extension may be used to extend the budget and project periods of an award for up to 12
months for appropriate reasons detailed below. Note: once a no
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How to fill out no-cost extension requests
How to fill out no-cost extension requests:
01
Begin by clearly stating the reason for the requested extension. Provide a brief explanation of why additional time is needed without incurring any additional costs.
02
Outline the specific activities or tasks that require the extension, emphasizing why they were not completed within the original project timeline. Be sure to provide detailed information on any challenges or unforeseen circumstances that may have contributed to the delay.
03
Include a revised timeline indicating the new proposed end date for the project. This should consider any adjustments or modifications to the original project plan, and reflect the additional time needed for completion.
04
Provide a justification for why the extension will not result in any additional costs. This could include explaining how the remaining budget will be reallocated or how any outstanding funds will be utilized to complete the project.
05
Include any necessary supporting documentation such as updated project plans, progress reports, or financial statements that validate the need for the extension and the cost neutrality. This will help strengthen your case for approval.
Who needs no-cost extension requests:
01
Researchers or project managers who are working on funded projects that require additional time to complete without incurring any extra costs.
02
Non-profit organizations or grant recipients who need more time to carry out the activities outlined in the funded project, but cannot afford to extend the project budget.
03
Individuals or organizations who have encountered unexpected challenges or delays during the project implementation and need an extension to ensure successful completion without exceeding the original budget.
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What is no-cost extension requests?
No-cost extension requests are requests submitted to extend the end date of a project without additional funding.
Who is required to file no-cost extension requests?
Principal Investigators and project leads are required to file no-cost extension requests.
How to fill out no-cost extension requests?
No-cost extension requests can be filled out by providing details of the project, reasons for extension, and anticipated outcomes.
What is the purpose of no-cost extension requests?
The purpose of no-cost extension requests is to ensure that projects are completed successfully within the approved timeline.
What information must be reported on no-cost extension requests?
No-cost extension requests must include project details, reasons for extension, timeline changes, and anticipated outcomes.
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