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7.1.B. - Page 55 <br /> Budget Narrative: A narrative budget justification must be provided for each of the budget <br /> items identified. <br /> Item Computation • <br /> Harness 10 x$100 $ 1,000 <br /> Total Equipment $ 1,000 <br /> E. Supplies. List items by type (office supplies,postage, training materials, copying paper, and <br /> other expendable items such as books,hand held tape recorders) and show the basis for <br /> computation. (Note: Organization's own capitalization policy and threshold amount for <br /> classification of supplies may be used). Generally, supplies include any materials that are <br /> expendable or consumed during the course of the project. <br /> Supply Items Computation Cost <br /> Paper 10 reams x$30 $ 300 <br /> Total Supplies $ 300 <br /> F. Consultants/Contracts. Indicate whether applicant's formal, written Procurement Policy or <br /> the Federal Acquisition Regulations are followed. <br /> Consultant Fees: For each consultant enter the name, if known, service to be provided, <br /> reasonable daily or hourly (8-hour day), and estimated time on the project to include M&A. <br /> Budget Narrative: A narrative budget justification must be provided for each of the budget <br /> items identified. <br /> Name of Consultant Service Provided Computation <br /> John Doe Consultant Training Consultant $100/hr x 100 hours $ 10,000 <br /> Subtotal—Consultant Fees $ 10,000 <br /> Consultant Expenses: List all reasonable expenses to be paid from the grant to the individual <br /> consultant in addition to their fees (i.e., travel,meals, lodging, etc.) <br /> Budget Narrative: A narrative budget justification must be provided for each of the budget <br /> items identified. <br /> Item Location Computation Cost <br /> John Doe Consultant Phoenix, AZ Hotel 150 x 3nights $450 <br /> Subtotal—Consultant Expenses $450 <br /> Contracts: Provide a description of the product or services to be procured by contract and an <br /> estimate of the cost. Applicants are encouraged to promote free and open competition in <br /> awarding contracts. Any sole source contracts must follow the requirements set forth in in <br /> applicable state and local laws and regulations, as well as applicable Federal regulations at 44 <br /> C.F.R. § 13.36 or 2 C.F.R. §§ 215.40—215.48. <br /> 52 <br /> Appendix E—FY14 PSGP Sample Budget Detail Worksheet <br />