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How to Replace Cross from the Funding Agreement

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hello and welcome to a video about our beta version of the new crosshair indicative payments report why have we created this report much of our apprenticeship funding is paid in contracts which cross over two or more are layers in particular procured non-levy apprenticeships and apprenticeships where the employers on the apprenticeship service and the contract for services between the employer and the provider this can include employers who pay the levy and increasingly employers who dont pay the levy this means that around the period from august to november our payments to providers can cover multiple ilr years in a single payment we know that this makes it more difficult to reconcile payments back to ilr reports and we also know it causes problems where providers are counting yields the same as our ilr year we investigated whether we could change our systems to identify the payment separately but there are technical constraints which mean that it wasnt feasible to separate the paym

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What are the exceptions to bona fide need rule?

Lead-time exception: Agencies are permitted to consider normal lead-time in determining bona fide need for a purchase. For example, if the normal lead-time for an item is 30 days, the government may obligate FY 23 funds for an item required on or before 30 Oct 23.

What is the severable service rule?

(a) Severable services means services that are continuing and ongoing in naturesuch as help-desk support, maintenance, or janitorial servicesfor which benefit is received each time the service is rendered.

What is the bona fide need rule for severable services?

The bona fide needs rule provides that an appropriation limited to obligation for a definite period may be obligated only to meet a legitimate or bona fide need arising during the period of availability of the appropriation. 31 U.S.C. 1502(a); B-289801, Dec. 30, 2002.

What is the difference between severable services and non severable services?

Severable describes an action that can be divided into two or more parts that are not necessarily dependent upon each other. Non-severable describes an action that cannot be divided into two or more parts without negatively effecting performance of the task.

What is required for changes to or the addition of contract financing after award?

Adequate new consideration is required for changes to, or the addition of, contract financing after award. (b) Amount of new consideration. The contractor may provide new consideration by monetary or nonmonetary means, provided the value is adequate.

What is the difference between severable and non severable?

Severable describes an action that can be divided into two or more parts that are not necessarily dependent upon each other. Non-severable describes an action that cannot be divided into two or more parts without negatively effecting performance of the task.

Can a severable service cross fiscal years?

Service contracts that are considered severable must be charged to the fiscal year in which the services are rendered and may not cross fiscal years, absent statutory authority.

What is the difference between funding and contract value?

To the Finance/Accounting people, the amount available to be spent is the Funded Value. To Business Development, the Contract Value is the amount they want their bonus based on for the win.

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