grant_budget
Build a grant budget with accurate fringe and indirect costs, choosing between MTDC and TDC bases to avoid common calculation errors.
Instructions
Build a grant budget with fringe and indirect calculated on the correct base.
indirect_base: 'mtdc' (Modified Total Direct Cost) or 'tdc' (Total Direct Cost).
MTDC is the common federal base and it EXCLUDES equipment and the portion of each subaward/contract above the first $25,000. Applying your rate to total direct costs instead is the single most common budget error, and it inflates the ask in a way reviewers notice.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| travel | No | ||
| supplies | No | ||
| equipment | No | ||
| personnel | No | ||
| contractual | No | ||
| other_direct | No | ||
| indirect_base | No | mtdc | |
| fringe_rate_pct | No | ||
| indirect_rate_pct | No |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||