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  • Question

    What is the minimum requirement for the subject contract to meet the bona fide needs rule for FY 2015 funds?


    Answer

    According to GAO, An appropriation may not be used for the needs of some time period subsequent to the expiration of its period of availability. With respect to annual appropriations, a more common statement of the rule is that an appropriation for a given fiscal year is not available for the needs of a future fiscal year.

    See your legal counsel for guidance on this issue.

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