| Where grants are available for only a limited period and only a few of the possible projects are affordable, paying bodies may choose to invite applications by a fixed date which they will then appraise before deciding which ones will be supported. This process is often adopted for very new grants where support may be given for a few ‘pilot projects’ to enable their success to be evaluated before the scheme is expanded for others. Use of ‘bidding rounds’ helps paying bodies to manage their budgets and workloads as it matches awards to the funding actually available at a point in time. |
