BUDGET PROPOSAL

[PROJECT NAME]
[DATE]
This Budget Proposal provides necessary costs associated with the above named project (the
Project) which we would like to pursue due to [IDENTIFIED REASONS]. Costs for the Project
have been itemized in this Budget Proposal below and justification has been provided for each
cost element. Should you have any questions related to this Budget Proposal, please dont
hesitate to contact the undersigned.

1. PROJECT DESCRIPTION.

2. PERIOD OF PERFORMANCE.
The budget set forth in this Budget Proposal covers the period of performance for the project
or [NUMBER OF MONTHS] months of effort.

3. COST ELEMENTS.
The following are necessary cost elements of the Project:

a. Direct Labor
Title or Labor
Category

Name of Contractor or
Employee

Contractor
or
Employee

Burdened
Hourly
Rate

Number
of Hours

Amount
Requested

Subtotal-Total--

Justification:

b. Equipment & Materials

Item Description

Quantity

Unit Price

Extended Price

Subtotal-Total--

Justification:

c. Travel & Misc. Expenses

Expense Type

Description

Total Estimated
Cost

Subtotal-Total--

Justification:

4. COST SUMMARY.
Given the above, the total cost for the Project is estimated as follows:
Cost Element

Total Estimated Cost

Direct Labor
Equipment and Materials
Travel and Misc.

Subtotal-Total--

This budget was developed by [NAME OF CREATOR] with input from [TEAM] that supported
this estimate. By my signature below, I hereby certify that this Budget Proposal reflects my best
estimate of the true and necessary costs for the Project, and the information provided herein is
accurate, complete and current as of the date of my signature below.
[COMPANY.Company]

________________________________

______________

[COMPANY.FirstName] [COMPANY.LastName]
[COMPANY TITLE]