Pricing & costBudget element

BLI

Budget Line Item

Definition

A Budget Line Item is a discrete element within a budget structure that allocates funding for a specific purpose, program, or activity. BLIs provide the basis for financial tracking, obligation authority, and expenditure reporting within government accounting systems.

Understanding BLI structures helps contractors appreciate funding constraints and reporting requirements affecting their contracts. Contract funding often corresponds to specific BLIs, and modifications may require coordination across multiple budget elements. BLI visibility supports financial planning and helps contractors anticipate funding availability.

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