A budget proposal can be described as a plan that is used to propose the amount of money that is to be spent on the project.
Many, if not all, proposals will require a short budget to be included. This budget will need to show the expected expenses and income.
You will need to include a breakdown of all the costs that directly and indirectly relate to the benefit being created. Costs such as production, marketing, distribution, utilities, support staff, insurance, and legal /accounting expenses should be included.
“Include personnel costs, direct project costs, and administrative or overhead expenses” – The Balance
Directly follow your budget with a justification statement explaining why each cost, material, and equipment is valid, reasonable, and important for your project.
This budget proposal checklist is for the proposal writer to outline the need for the project, the actions involved in the project, the time frame, costs, and expected outcomes/objectives.
This can be used as a stand-alone checklist or used alongside a proposal application.
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