# Budget Policy: {{PROJECT_NAME}}

## Company Budget
- window: {{BUDGET_WINDOW}}
- limit: {{BUDGET_LIMIT_CENTS}} cents
- warn_percent: 80
- hard_stop: true

## Agent Budgets
- {{AGENT_NAME}}: {{AGENT_BUDGET_CENTS}} cents/{{BUDGET_WINDOW}}

## Notification
- on_warn: log
- on_hard_stop: pause

## Notes

Budget enforcement is POST-HOC (checked after each run, not before).
This matches Paperclip's proven approach: check SUM(cost) after run,
pause if exceeded. No pre-run reservation needed.

Cost estimation uses token counts × published pricing. For accurate
cost data, organizations can use the Admin API:
`/v1/organizations/cost_report` (requires Admin API key: sk-ant-admin...).

For headless runs, use `claude -p --max-budget-usd N` as a per-run cap.