Dairy Management Inc. (DMI)
- Fund transfers in excess of 10% of any budget category (per funding period) or any transfers involving travel requires written approval from DMI.
- DMI must be notified of any budget reallocations.
- DMI must approve, in writing, the purchase of equipment. Any equipment valued in excess of $500 per item with a useful life of at least two years, purchased with DMI funds, is the property of DMI.
- Un-expended funds from a completed budget period may be carried over into the new budget period with written approval from DMI. 5. Un-expended funds at the conclusion of the study must be returned to DMI.
Sep 24, 2014