What is the difference between severable and non-severable?
What is the difference between severable and non-severable?
As used in this chapter, a multiple year appropriation means an appropriation that is available for obligation for a definite period of time in excess of one fiscal year. A non-severable service represents a single undertaking that cannot be feasibly subdivided.
Can firm fixed price contracts be incrementally funded?
A fixed-price contract (FAR Subpart may be incrementally funded only if its for: Contract that uses funds available from multiple (two or more) fiscal years and is funded with research and development appropriations or Congress has otherwise authorized incremental funding.
What is incremental funding?
“Incremental funding” means the partial funding of a contract or an exercised option, with additional funds anticipated to be provided at a later time.
What are severable services?
(a) “Severable services” means services that are continuing and ongoing in nature—such as help-desk support, maintenance, or janitorial services—for which benefit is received each time the service is rendered. Contracts for goods or non-severable services are not similarly limited.
What do you think the primary purpose of the limitation of cost or funds clauses are?
These clauses protect both parties when the estimated costs are not sufficient to complete performance. They allow, but do not obligate, the government to fund the contract in excess of original amounts and they allow, but do not require, the contractor to continue performance if the funding is not made.
What funding policy applies to RDT&E appropriations?
The incremental funding policy applies to Research, Development, Test & Evaluation (RDT&E) appropriations. Although RDT&E efforts often span several years, the incremental funding policy requires that the effort generally be budgeted in annual increments based on when costs are expected to be incurred.
What does reprogramming permit the Department of Defense?
19Q: Reprogramming permits the DoD to: 19A: Use funds for purposes other than those originally intended by Congress. 20Q: Realignment of funds between activities that are below the level of control for that appropriations category does not require a reprogramming action.
Which activity provides the budget authority?
appropriations act
What is the name of the law that requires funds appropriated by Congress to be used only?
Misappropriation
Who controls the money in Congress?
The constitutional provision making Congress the ultimate authority on government spending passed with far less debate. The framers were unanimous that Congress, as the representatives of the people, should be in control of public funds—not the President or executive branch agencies.
What is meant by color of money?
the ‘color of money’ refers to the different categories of budget dollars and the specific uses on which they may be spent. Under-execution of funds in one area can result in future budget cuts.
What is OMA funding?
OMA is the cornerstone appropriation for funding everything from contractual support, to repair parts, to vehicle leases in support of U.S. military forces. OMA, either directly or indirectly, influences or supports everything U.S. forces do on the battlefield.
What can OMA funds be used for?
Congress permits OMA funds to be used to purchase investment items having a unit cost of $500,000 or less if the Secretary of Defense determines this increased threshold is necessary to support contingency operations overseas.
What can prior year OMA funds be used for?
*Prior year OMA funds may be used for: Prior year obligation adjustments. Expenditures must be properly allocated to each funding source. Obligations should reflect proper distribution of line items and instruct the contractor who to invoice correctly. *Civil works appropriations are generally: Indefinite funds.
When was the Antideficiency Act established?
923) is legislation enacted by the United States Congress to prevent the incurring of obligations or the making of expenditures (outlays) in excess of amounts available in appropriations or funds. The law was initially enacted in 1884, with major amendments occurring in 1950 (64 Stat. 765) and 1982 (96 Stat. 923).
