Sign In
  • Question

    Can you use expiring funds to forward fund a yearly contract? For example if funds are expiring at the end of the year, can you use those expiring dollars to fund a contract with a PoP of the next fiscal year? Will this violate appropriation law?


    Indeed, forward funding is a violation of the time statute in which you are obligating in advance of need.  The Bona Fide need rule comes into question.


    In addition, expired funds cannot be used for any new work or obligations efforts; but are acceptable to use to modify existing contract vehicles.


    Please keep in mind that this response is from a Department of Defense point of view, and may be different than your agency.  Please contact your local comptroller and fiscal law attorney for further guidance.

    Open full Question Details