Web21 apr. 2009 · Thus, neither it, nor the bona fide needs rule derived from it, applies to no-year funds. While a multiple year appropriation is available for a definite period of time, it … Webneed rule does not apply to no-year funds. 43 Comp. Gen. 657 (1964).) This relief is provided regardless of whether the grant at issue is to be a multi-year award or multiple year award. Unlike multiple year awards, which are fully funded for a period of more that one year, multi-year awards, by definition, are financial assistance awards for a ...
Expiration and Cancellation of Unobligated Funds
Webfunds. As defined by the Congressional Budget Act, “budget authority” includes: “(i) provisions of law that make funds available for obligation and expenditure (other than … WebNo-year appropriations—This term refers to budget authority or the authorization of the appropriation in which all or some portion of the amount is available until expended. … fairview ccf address
1001 - U.S. Department of Defense
Web26 jun. 2013 · These rules do not apply to the use of no-year funds because the bona fide needs rule does not apply to those types of funds. In conclusion, yes, JKS195 can use an FY13 multiple-year appropriation to purchase in FY13 a supply or a service that won't be used until FY14 because FY14 is within the appropriation's period of availability. Web14 sep. 2024 · Multiple year funds may be used as long as the service's period of performance falls within the period of obligational authority of the funds, e.g. FY18-20 funds could be accepted in FY20 for FY19 overtime utility services. Also any no year funds could be used, since they are available for any past, present, or future need. WebFunding for federal programs is provided on a fiscal year basis, and federal budget data and CBO’s cost estimates and budget projections identify spending and revenues by … fairview fridley ent