Unobligated (UB) or unexpended funds maybe used while awaiting the next release of the budget allotment.
For PCAARRD-funded projects, the OVCRE approves the request for use of the UB. Unused balances from the previous year may be used for the same line-item budget for the following year and for other necessary items, provided that the use is approved by PCARRD.
Unobligated balances of funds coming DOST and DOST-PCIEERD from the previous year may be deducted from the release for the following year unless requested as an additional budget for the following year.
Request for use of UB of other grants needs the respective funding agency's approval.