What are the project spending statuses?
The following table describes the spending status of an award project. The status indicates whether an award project is underspending, overspending, or on track:
Project Spending Status |
Description |
---|---|
Underspending |
Award projects that are at spending risk with the assigned budget amount considering the budget spent till the current budget period. |
Overspending |
Award projects that are overspending the assigned budget amount considering the budget spent till the current budget period. |
On track |
Award projects that are spending within the threshold limit the assigned budget amount considering the budget spent till the current budget period. |