IndyHickman Posted April 8, 2011 Report Share Posted April 8, 2011 Greetings All, Sorry to post such a newbie question, but when discussing an allotment to an incrementally funded, CPAF, DoD contract, is the allotment defined by what was appropriated to the program by Congress, or what is obiligated to the program by the CO? Thanks for any references you can provide. Link to comment Share on other sites More sharing options...
ji20874 Posted April 8, 2011 Report Share Posted April 8, 2011 If you are using the term as it is used in the clause at FAR 52.232-22 Limitation of Funds, then allotted means obligated on the contract by the contracting officer -- not the amount "allotted" by the Congress in an appropriations bill; not the amount "allotted to the agency by OMB; not the amount "allotted" by the agency to the program office; not the amount "allotted" by the program office for the contract; but the amount allotted by the contracting officer on the contract as payable to the Contractor. This is how I see it. There are terms such as allocated and alloted and apportioned and appropriated and so forth used in budget circles, so I can understand that there is some misunderstanding sometimes. Link to comment Share on other sites More sharing options...
Guest Vern Edwards Posted April 9, 2011 Report Share Posted April 9, 2011 The terminology is: Congress authorizes and appropriates funds. OMB apportions funds to agencies. Agencies allot funds to organizational units and programs. Apportionment and a llotment are called administrative division and subdivision . COs obligate funds (make obligations ) that have been authorized, appropriated, apportioned, and allotted. Finance offices commit and disburse funds (make commitments and disbursements ). See GAO, A Glossary of Terms Used in the Federal Budget Process (Sept. 2005). FAR 52.232-22, Limitation of Funds, which is used in incrementally funded contracts, refers to the increment of funds obligated as "the amount available" and "the amount allotted" to the contract. Link to comment Share on other sites More sharing options...
IndyHickman Posted April 12, 2011 Author Report Share Posted April 12, 2011 Thank you both very much for the insight and references. Link to comment Share on other sites More sharing options...
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