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Note: Additional FA Topics Guidance Pages are available at OCI's Training Portal.
Appropriated fund time limits fall into two categories: expiration and cancellation. Each has unique restrictions, so a good understanding of both is integral to proper and efficient management of financial assistance awards. Anchor top top
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Frequently Asked Questions
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How is the bona fide
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needs rule met with financial
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assistance awards (grant and cooperative agreements)?
With FA awards, the bona fide need needs rule is met at the time of the award's obligation.
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[10] CRS "Interagency Contracting", pp.5-6.