What's projected spend percentage?
The projected spend burn rate is the amount currently spent, and what it will be when projected out for the remaining duration of the award.
The following images describe the formula used to calculate projected spend percentage and the legend that contains descriptions of the values used in the formula.
The start date is the award start date in awards that are enabled for expanded authority. In awards that aren't enabled for expanded authority, the start date is the current budget period start date.