Bonda Fide Need
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the point in time recognized as the moment when a government agency
becomes authorized to obligate funds to acquire a good or service
cost thresholds
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-item< 250,000 (O&M)
-item< 250,000 (OPA)
-minor construction< 2,000,000 (O&M)
-construction> 2,000,000 (MILCON)
, appropriation
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adds purpose. money deposited. Law By Congress
procurements
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modifications of Army equipment assets
The Three Part test of funds
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1. expenditure must be specific for purpose
2. cannot be prohibited by law
3. cannot be provided for within a scope of authority of another
appropriation
Anti-Deficiency Act (ADA)
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Give this one a try later!
the point in time recognized as the moment when a government agency
becomes authorized to obligate funds to acquire a good or service
cost thresholds
Give this one a try later!
-item< 250,000 (O&M)
-item< 250,000 (OPA)
-minor construction< 2,000,000 (O&M)
-construction> 2,000,000 (MILCON)
, appropriation
Give this one a try later!
adds purpose. money deposited. Law By Congress
procurements
Give this one a try later!
modifications of Army equipment assets
The Three Part test of funds
Give this one a try later!
1. expenditure must be specific for purpose
2. cannot be prohibited by law
3. cannot be provided for within a scope of authority of another
appropriation
Anti-Deficiency Act (ADA)
Give this one a try later!
