Common use of Period of Availability of Federal Funds Clause in Contracts

Period of Availability of Federal Funds. 1. National Guard Operations and Maintenance agreements are funded with one year appropriations and, as such, State obligations may not be incurred against Federal funds for a specified year before or after the Federal fiscal year in which the funds were appropriated. State obligation means any action under State law or procedure requiring payment by the State. A representation by competent authority within a State that it obligated funds under State law may be relied upon (NGR 5-1/XXXX 63-101, chapters 12-1, 12-6, 32-1, and 32-6).

Period of Availability of Federal Funds. 1. National Guard Operations and Maintenance agreements are funded with one year appropriations and, as such, State obligations may not be incurred against Federal funds for a specified year before or after the Federal fiscal year in which the funds were appropriated. State obligation means any action under State law or procedure requiring payment by the State. A representation by competent authority within a State that it obligated funds under State law may be relied upon appropriated (NGR 5-1/XXXX 63-101, chapters 12-1, 12-6, 32-1, and 32-6).

Period of Availability of Federal Funds. 1. National Guard Operations and Maintenance agreements are funded with one year appropriations and, as such, State obligations may not be incurred against Federal funds for a specified year before or after the Federal fiscal year in which the funds were appropriated. State obligation means any action under State law or procedure requiring payment by the State. A representation by competent authority within a State that it obligated funds under State law may be relied upon appropriated (NGR 5-1/XXXX 63-101, chapters 12-1, 12-6, 32-1, and 32-6).