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Business Financial Management

This Community supports the business financial management career field. The community serves as a resource for DoD financial management, budget formulation (building a budget), budget enactment, and budget execution.

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Sharon Jackson - Community Owner
Joanne MacDonald-Morrow - Community Leader
Sharon D'Anjou - Community Leader

Feed / Business Financial Management

Replacement contract
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Does a contractor requesting contract termination due to their ability to complete the contract constitute a contract default and unlocks expired funds from that contract to be used towards the replacement contract? Additionally, if the replacement contract, not exceeding the scope of the original contract comes in higher than the funds received, would that constitute an in-scope upward adjustment to receive additional funding?

This is regarding a facilities contract for construction type work. The contractor who won the contract is having difficulty manging their subcontractors and is requesting termination of the contract. Approx. 30% of the funding remains and approximately half the work has been completed. The original funds on the contract are expired funds. Per AFMAN 65-605 7.3.1.1.8, there is a set of criteria outlining when expired funds can be used for a replacement contract. Would the contractors request for termination be considered a default? If so, if the replacement contract, while in scope, came in higher than the remaining funds to complete the work, would that be the same as a regular UOA process to secure additional funding? 

Jointly Funded Programs
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Who pays for common parts for jointly funded programs

If the Air Force is the lead agency for a particular system (aircraft, weapon system etc) and the Marines also procures the same, is the AF responsible for procuring all the common parts since they are the lead agency, or is each agency responsible for their own parts?

annual software licenses, supply or service?
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If you are paying an annual fee to use a software program for a year does that help determine if it is a supply or service?  This doesn't fit under Software as a service (SaaS) definition from the DoD ESI web site. The FAR seems to lean towards supply, however the DoD FMR seems to lean towards service.  Are there certain characteristics that can be reviewed to determine if the annual license is a supply or service?

GFEBS DoDAAC Usage
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Can a GFEBS DoDAAC be used to process a supply transaction i.e. HAZMAT waste?  I know this is an odd question but lucky me I was tasked to run this to ground.  

Discussions / Business Financial Management

Replacement contract
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View Discussion
May 17, 2024 - 07:51pm
QUESTION

Does a contractor requesting contract termination due to their ability to complete the contract constitute a contract default and unlocks expired funds from that contract to be used towards the replacement contract? Additionally, if the replacement contract, not exceeding the scope of the original contract comes in higher than the funds received, would that constitute an in-scope upward adjustment to receive additional funding?

SCENARIO

This is regarding a facilities contract for construction type work. The contractor who won the contract is having difficulty manging their subcontractors and is requesting termination of the contract. Approx. 30% of the funding remains and approximately half the work has been completed. The original funds on the contract are expired funds. Per AFMAN 65-605 7.3.1.1.8, there is a set of criteria outlining when expired funds can be used for a replacement contract. Would the contractors request for termination be considered a default? If so, if the replacement contract, while in scope, came in higher than the remaining funds to complete the work, would that be the same as a regular UOA process to secure additional funding? 

COMMENTS
Jointly Funded Programs
0 Replies
View Discussion
February 26, 2024 - 02:47pm
QUESTION

Who pays for common parts for jointly funded programs

SCENARIO

If the Air Force is the lead agency for a particular system (aircraft, weapon system etc) and the Marines also procures the same, is the AF responsible for procuring all the common parts since they are the lead agency, or is each agency responsible for their own parts?

COMMENTS
annual software licenses, supply or service?
0 Replies
View Discussion
February 2, 2024 - 03:39pm
QUESTION

If you are paying an annual fee to use a software program for a year does that help determine if it is a supply or service?  This doesn't fit under Software as a service (SaaS) definition from the DoD ESI web site. The FAR seems to lean towards supply, however the DoD FMR seems to lean towards service.  Are there certain characteristics that can be reviewed to determine if the annual license is a supply or service?

SCENARIO
COMMENTS
GFEBS DoDAAC Usage
0 Replies
View Discussion
October 25, 2023 - 08:46pm
QUESTION

Can a GFEBS DoDAAC be used to process a supply transaction i.e. HAZMAT waste?  I know this is an odd question but lucky me I was tasked to run this to ground.  

SCENARIO
COMMENTS

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Community Resource / Business Financial Management
Policy and Guidance
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Tools
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Training Center

Training and Education

BCF Courses:

  • BCF 103 Fundamentals of Business Financial Management
  • BCF 106 Fundamentals of Cost Analysis
  • BCF 110 Fundamentals of Business Financial Management
  • BCF 130 Fundamentals of Cost Analysis
  • BCF 131 Applied Cost Analysis
  • BCF 205 Contractor Business Strategies
  • BCF 206 Cost Risk Analysis
  • BCF 209 Acquisition Reporting for MDAPs and MAIS
  • BCF 215 Operating and Support Cost Analysis
  • BCF 220 Acquisition Business Management Concepts
  • BCF 225 Acquisition Business Management Application
  • BCF 230 Intermediate Cost Analysis
  • BCF 250 Applied Software Cost Estimating
  • BCF 301 Business, Cost Estimating, and Financial Management Workshop
  • BCF 330 Advanced Concepts in Cost Analysis

EVM Courses:

  • EVM 101 Fundamentals of Earned Value Management
  • EVM 202 Intermediate Earned Value Management
  • EVM 262 EVMS Guidelines and Compliance
  • EVM 263 Principles of Schedule Management

Continuous Learning Modules

  • CLB 007              Cost Analysis
  • CLB 008              Program Execution
  • CLB 009              Planning, Programming, Budgeting, and Execution and Budget Exhibits
  • CLB 010              Congressional Enactment
  • CLB 011              Budget Policy
  • CLB 014              Acquisition Reporting Concepts and Policy Requirements
  • CLB 023              Software Cost Estimating
  • CLB 024              Cost Risk Analysis Introduction
  • CLB 025              Total Ownership Cost
  • CLB 026              Forecasting Techniques
  • CLB 029              Rates
  • CLB 030              Data Collection and Sources
  • CLB 031              Time Phasing Techniques
  • CLB 032              Force Structure Costing
  • CLB 033              Databases for the Cost Estimate
  • CLB 034              Probability Trees
  • CLB 035              Statistical Analysis
  • CLB 036              Foreign Military Sales
  • CLB 038              Comparative Analysis
  • CLB 039              Cost Estimation Terminology
  • CLB 040              Should-cost Management
  • CLV 016              Introduction to Earned Value Management
  • CLV 017              Performance Measurement Baseline
  • CLV 018              Earned Value and Financial Management Reports
  • CLV 019              Estimate at Completion
  • CLV 020              Baseline Maintenance

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Communities

Related Communities of Practice

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Business Cost Estimating

Contracting

Earned Value Management

Program Management

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Business ACQuipedia Articles

 

 

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Documents / Business Financial Management

Budget Activity (BA) "BA-08": Software and Digital Technology Pilot Program FAQ
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Summary

This initiative realigns funding from various appropriations for selected Software Pilot Programs to a new Software and Digital Technology Budget Activity (BA) “BA-08” in the Components’ respective Research, Development, Test & Evaluation (RDT&E) appropriations. It

GAO Red Book Interactive
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Summary

Principles of Federal Appropriations Law, also known as the Red Book, is a multi-volume treatise concerning federal fiscal law. The Red Book provides text discussion with reference to specific legal authorities to illustrate legal principles, their application, and exceptions. These references include GAO decisions and opinions, judicial decisions, statutory provisions, and other relevant sources.

GAO Legal Decisions and Opinions
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The Comptroller General, the head of the Government Accountability Office (GAO), issues decisions in various areas of federal law. These decisions are prepared by GAO's Office of General Counsel, and are identified by a numbering system beginning with B-(number); each decision carries its own B-number and date. The GAO Legal Decisions and Opinions site also provides links to the "Principles of Federal Appropriations Law" (Red Book), which has three volumes.

GAO Reports and Testimonies
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GAO Reports and Testimonies - browse by topic

Platinum Card
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Summary

A convienent quick reference to key DoD funds management definitions, policy, and processes. It serves as a valuable reference source for anyone dealing with the financial management aspects of the Defense acquisition process.

OUSD Comptroller Financial Management
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OUSD Comptroller page providing policy, guidance, and information regarding reimbursable rates, federal accounting standards, Chief Financial Officers 5-year plan, and much more.

DoD Financial Management Regulations
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Provides established DoD policy and direction on financial management within the department. *

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