2 CFR § 1108.50 - Approved budget.

---
identifier: "/us/cfr/t2/s1108.50"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "2 CFR § 1108.50 - Approved budget."
title_number: 2
title_name: "Federal Financial Assistance"
section_number: "1108.50"
section_name: "Approved budget."
chapter_name: "DEPARTMENT OF DEFENSE"
subchapter_number: "A"
subchapter_name: "GENERAL MATTERS AND DEFINITIONS"
part_number: "1108"
part_name: "DEFINITIONS OF TERMS USED IN SUBCHAPTERS A THROUGH F OF THIS CHAPTER"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301 and 10 U.S.C. 113."
regulatory_source: "85 FR 51230, Aug. 19, 2020, unless otherwise noted."
cfr_part: "1108"
---


# 1108.50 Approved budget.

*Approved budget* means, in conjunction with a DoD Component award to a recipient, the most recent version of the budget the recipient submitted, and the DoD Component approved (either at the time of the initial award or subsequently), to summarize planned expenditures for the project or program under the award. It includes:

(a) All Federal funding made available to the recipient under the award to use for project or program purposes.

(b) Any cost sharing or matching that the recipient is required to provide under the award.

(c) Any options that have been exercised but not any options that have not yet been exercised.