What happens to unused MILCON funds after 5 years?
MILCON appropriations are usually only available for obligation for five fiscal years, at which time the appropriation expires (though availability of some appropriations is extended for limited purposes).65After five years, any unexpended MILCON funds are canceled and returned to the U.S. Treasury.
How long is a MILCON appropriation good for?
MILCON appropriations are usually only available for obligation for five fiscal years, at which time the appropriation expires (though availability of some appropriations is extended for limited purposes).65After five years, any unexpended MILCON
What is MILCON and why does Congress fund it?
Congress appropriates several billion dollars annually to support the Department of Defense’s (DOD’s) worldwide military installations portfolio. Authorization for specific military construction (MILCON) projects ―provided through the annual National Defense Authorization Act―enables the Secretary of Defense and the Secretaries of the
How often is a MILCON project’s priority reviewed?
construction list is reviewed annually, it is also possible a MILCON project’s priority may diminish in a later year. Authorizations, Appropriations, and Enactment60 The annual NDAA, which originates as bills in the House and Senate armed services committees,
How long is procurement money good for?
O&M and MILPERS appropriations have a one year current period; RDT&E appropriations have a two year current period; Procurement appropriations have a three year current period (Procurement for Navy Shipbuilding/Conversion has a five year current period), and MILCON appropriations have a five year current period.
Does FMS funding expire?
Foreign Military Sales (FMS) Trust Fund budget authority is classified as permanent, indefinite, no-year authority. Budget authority associated with FMS cases is treated as non-expiring money.
How long is 3010 money good for?
10 U.S. Code §2410a authorizes the obligation of Procurement (3010) funds for a severable service contract that crosses fiscal years 20 and 21, as long as the Year 4 Option is for no more than a year. And, OMB Circular No. A-11, Section 20.4.
How long are civil works funds good for?
Federal Funds For the Office of the Assistant Secretary of the Army for Civil Works, $5,000,000, to remain available until September 30, 2024.
How long are annual appropriations available for new obligations?
Fiscal Year (FY) appropriations are available for obligations, expenditures and receipts for services provided from October 1 of one year until September 30 of the following year.
What can O&M funds be used for?
Operation & Maintenance (O&M) Appropriations funds the cost of operating and maintaining equipment at a state of readiness. It covers expenses such as civilian salaries, travel, minor construction projects, operating military forces, training and education, depot maintenance, stock funds, and base operations support.
What is the Milcon threshold?
An unspecified minor military construction project is a military construction project that has an approved cost equal to or less than $6,000,000. An unspecified minor military construction project costing more than $750,000 may not be carried out under this section unless approved in advance by the Secretary concerned.
WHAT CAN 3010 funds be used for?
Summary: In limited scenarios, AF 3010 funding can be used for the development of modification “kits” for trainers. However, with a few exceptions, AF 3010 funding should be used for the purchase and installation of modification “kits” for trainers.
What are 3080 funds used for?
3080 is procurement appropriation which means full funding policy. Normally if the funds are for a new delivery lot, we would put it on a separate CLIN because that way the program office can effectively track and the contractor can bill for end items. Contractors deliver and bill for end items at the CLIN level.
What is the bona fide needs rule?
The Bona Fide Need rule (31 USC, Section 1502) requires appropriated funds to be used only for goods and services for which a need arises during the period of that appropriation's availability for obligation.
Can O&M funds be used for construction?
A. The FY 2004 NDAA, section 2808, as amended, currently authorizes use of Operation and Maintenance (O&M) funds for construction projects that meet a very specific set of criteria. Contingency Construction Authority can undergo significant authority or procedural changes when it is reauthorized in the annual NDAA.
What is the project order statute?
Project Order. A “project order” is a specific, definite and certain order issued under the authority contained in 41 U.S.C. 23 which, when placed with and accepted by a separately managed DoD establishment, serves to obligate appropriations in the same manner as orders or contracts placed with commercial enterprises.
PPBE Process
Appropriation Categories are categories of government funding that group funds into areas of interest. The main appropriation categories and their number designation are listed below:
Main Acquisition Category Guide
DoD 7000.14-R Volume 2A “Financial Management Regulation (FMR)”: provides general guidance on the formulation and submission of the budget requests to the Office of the Secretary of Defense (OSD). It’s used for a budget review, submission, presentation, and justification to Congress.