Common use of Budgeting Process Clause in Contracts

Budgeting Process. The Training Provider shall design and implement a best-­practice budgeting process to analyse the College budget and identify wasteful expenses, project budgetary requirements, and prepare budgets for future years. The process shall include a budgeting plan to guide the budgeting process each Academic Year with key actions, deadlines, and points of responsibility. The Training Provider shall identify College Personnel responsible for budgeting and train these College personnel on the budgeting process in order to prepare them to manage the process independently in the future.

Budgeting Process. The Training Provider shall design and implement a best-­practice best-practice budgeting process to analyse the College budget and identify wasteful expenses, project budgetary requirements, and prepare budgets for future years. The process shall include a budgeting plan to guide the budgeting process each Academic Year with key actions, deadlines, and points of responsibility. The Training Provider shall identify College Personnel responsible for budgeting and train these College personnel on the budgeting process in order to prepare them to manage the process independently in the future.