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Budget / Vendor Table Assignments

General Budget Information

  • Funds cannot be used for personal travel or for salaries.
  • Each team will be given $300.00 for each competition to purchase items needed to create and package your product.
  • Some items may be borrowed from various sources and will not need to be purchased.
  • Items that may be purchased with the competition monies include; long distance phone calls to vendors, official lab notebook(s), items for awards ceremony display table, items used to package your products for marketing, copying/printing for the final reports, boxes and packaging materials to transport your final products to ISA/ICMC, two small flash drives to save your final report and power point for ISA/ICMC, items purchased from vendors including shipping costs, NO TAX WILL BE REIMBURSED.

Budget Assignment Format

  • Turn in one or two budgets. See above for explanation.

Budget table should including…

  • items you plan on purchasing during the competition. We understand that as you proceed with your products there may be unforeseen expenses, but this initial budget should be as thorough as possible.
  • Potential vendor for these items (if you aren’t sure ask your advisors for ideas)
  • Estimated costs for each item
  • Timeframe for when you will need to purchase items
  • A running total category showing amount left in budget

Vendor Table Assignment Format

(this will be a template only when you turn in the assignment, you will fill this out during the remainder of the competitions)

This table should be updated each time you make a purchase to keep a running total of your purchases and money left in your account. Your vendor table should include the following divisions:

Vendor Name, Vendor Address, Vendor Email, Vendor Phone Number, Contact Person, Item Ordered, Product #’s/Codes/Identification, Quantity Ordered, Description of how item will be used, Price per unit, Shipping Costs, Total Costs, Beginning Budget Amount, Amount left in your budget after each purchase.

To obtain the correct form(s) for purchasing materials, contact the Program Manager (

Budget / Vendor Table Assignment Rubric







Procedures Followed Correctly

All directions were followed and team presented an excellent and through budget and vendor table

Most directions were followed

A budget was turned in but it did not meet the specified directions or did not include a vendor table

Directions were not followed


Completeness of Budget

Well thought out, inclusive budget

Most budget items included

Few budget items listed

Not even the given items were listed in the budget


Assignments turned in on time with advisors' signatures

Turned in at meeting with advisor’s signatures

Turned in after the meeting with advisor’s signatures

Turned in after the meeting with no advisor’s signatures

Turned in late


Total Points





/ 100

Not Pass


You must earn an 90% or better to continue in the competitions. You will be given one opportunity to redo this assignment if you do not earn an 90% or better. Even if you earn an 90% on this assignment you may be asked to redo a portion of this assignment to more accurately meet the rubric criteria. If you are asked to redo a portion of the assignment and it is not turned in by the due date set by the competition administrator your team may be eliminated from the competitions.

If your team has any questions regarding this assignment please direct them to:

Micky Creech
Soy Competition Program Manager
NLSN 3259