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Agreement No.17 751 04201 <br /> submitted and approved by Grantor,is considered final and is incorporated herein as an attachment. <br /> 5.2. Budget Revisions.Grantee shall obtain Prior Approval from Grantor whenever a Budget revision <br /> is necessary for one or more of the reasons enumerated in 2 CFR 200.308.All requests for Budget revisions that <br /> require Grantor approval shall be signed by Grantee's authorized representative and submitted to Grantor for <br /> approval. Expenditure of funds under a requested revision is prohibited and will not be reimbursed if expended <br /> before Grantor gives written approval.2 CFR 200.308. <br /> 5.3. Discretionary Line Item Transfers.Unless prohibited from doing so in 2 CFR 200.308,transfers <br /> between approved line items may be made without Grantor's approval only if the total amount transferred does <br /> not exceed the allowable variance of the greater of either(i)ten percent(10%)of the Budget line item or(ii)one <br /> thousand dollars($1,000)of the Budget line item. Discretionary line item transfers may not result in an increase <br /> to the Budget. <br /> 5.4. Non-discretionary Line Item Transfers.Total line item transfers exceeding the allowable variance <br /> of the greater of either(i)ten percent(10%)of the Budget line item or(ii)one thousand dollars($1,000)of the <br /> Budget line item require Grantor approval as set forth in Paragraph 5.2. <br /> 5.5. Notification.Within thirty(30)calendar days from the date of receipt of the request for Budget <br /> revisions,Grantor will review the request and notify Grantee whether the Budget revision has been approved, <br /> denied,or the date upon which a decision will be reached. <br /> ARTICLE VI <br /> ALLOWABLE COSTS <br /> 6.1. Allowability of Costs;Cost Allocation Methods.The allowability of costs and cost allocation <br /> methods for work performed under this Agreement shall be determined in accordance with 2 CFR 200 Subpart E <br /> and Appendices III,IV,and V. <br /> 6.2. Indirect Cost Rate Submission. <br /> (a) This Paragraph 6.2 applies only to: <br /> (i) A Grantee who charges,or expects to charge,any Indirect Costs;and <br /> (ii) A Grantee who is allowed to charge Indirect Costs under federal or state <br /> statutes,state administrative rules,and agency or program rules,regulations and policies. <br /> (b) A Grantee must submit an Indirect Cost Rate Proposal in accordance with federal <br /> regulations for approval no later than three months after the effective date of the Award,in a format <br /> prescribed by Grantor. <br /> (i) Appendix VII to 2 CFR Part 200 governs Indirect Cost Rate Proposals for State <br /> and local governments. <br /> (ii) Appendix III to 2 CFR Part 200 governs Indirect Cost Rate Proposals for <br /> institutions of higher education. <br /> (c) A Grantee who has a current,applicable rate negotiated by a cognizant Federal agency <br /> shall provide to Grantor a copy of its Indirect Cost Rate acceptance letter from the Federal government. <br /> Grantor will accept that Indirect Cost Rate,up to any statutory,rule-based or programmatic limit. <br /> However,for Grantees to which Appendix III of 2 CFR Part 200 applies,the rate amount must not exceed <br /> 26%(see 2 CFR Part 200,Appendix III(C)(8)). <br /> State of Illinois <br /> INTERGOVERNMENTAL GRANT AGREEMENT FISCAL YEAR 2018/3 15 17 <br /> Page 8 of 36 <br />