bona fide need rule - EAS

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  1. Cost-reimbursement contracts
    • According to 2 sources
    The bona fide needs rule applies to cost-reimbursement contracts, just as it does to other contract types. An agency may use a cost-reimbursement contract to procure severable services that cross fiscal years if done in conjunction with multiyear contracting authority.

    Department of Health and …

    gao.gov
    The bona fide needs rule applies to cost-reimbursement contracts, just as it does to other contract types. What is Antideficiency Act violation? The Antideficiency Act prohibits Federal Employees from obligating funds unless both the amount and purpose of such spending has been approved by Congress in the form of enacted law.

    What is the bona fide need …

    heimduo.org
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    When does the bona fide needs rule apply?The bona fide needs rule applies to multiple year as well as fiscal year appropriations. 55 Comp. Gen. 768, 773–74 (1976); B-235678, July 30, 1990 . See also 64 Comp. Gen. 163, 166 (1984). In other words, an agency may use a multiple year appropriation for needs arising at any time during the period of availability.

    Guidance: Bona Fide Needs Rule - Background

    www.wifcon.com/bona/bonafide1.htm
    What is the bona fide needs rule of appropriation?Definition: The bona fide needs rule is a rule of appropriations law. It mandates that a fiscal year’s appropriations only be obligated to meet a legitimate—or bona fide—need arising in (or sometimes before) the fiscal year for which the appropriation was made. The three (3) major legal provisions that concern funds execution are the: [1]

    31 USC Section 1502 – Bona Fide Need - AcqNotes

    acqnotes.com/acqnote/careerfields/bona-fide-need-rule
    Did NLRB violate the bona fide needs rule?However, NLRB violated the bona fide needs rule when it obligated fiscal year 2006 funds to renew the two Web site database subscriptions that were not due to expire until October 31, 2006. These subscription renewals were a bona fide need of fiscal year 2007 for which fiscal year 2007 appropriations should have been used. Id .

    Guidance: Bona Fide Needs Rule - Future Years' Needs

    www.wifcon.com/bona/bonafide2.htm
    Can the fiscal year 1990 appropriation be used for bona fide needs?It is possible to apply the bona fide needs rule to require that the fiscal year 1990 appropriation be used only for needs arising in fiscal year 1990, although obligation may occur any time prior to the end of fiscal year 1991.

    Guidance: Bona Fide Needs Rule - Background

    www.wifcon.com/bona/bonafide1.htm
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  3. Bona Fide Need Rule - AcqNotes

    https://acqnotes.com/acqnote/careerfields/bona-fide-need-rule

    WebJun 29, 2021 · The Bona Fide Need rule ( 31 USC, Section 1502) requires appropriated funds to be used only for goods and services for which a need arises during the period of that appropriation’s availability for obligation. Definition: The bona fide needs rule is a …

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    Understanding the Bona-Fide Needs Rule - Defense Acqui…
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    2. Fiscal Law Flashcards | Quizlet
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    Bonafide Need Rule in relation to multi year appropriations
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    Bona Fide Need Decision Matrix
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    Guidance: Bona Fide Needs Rule - Future Years' Needs - W…
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  4. Article Content - Defense Acquisition University

    https://www.dau.edu/acquipedia/pages/ArticleContent.aspx?itemid=11

    WebBona Fide Need. The three major fiscal law provisions that concern funds execution are the Anti-deficiency Act, Purpose Statute (also known as the "Misappropriation Act"), …

  5. Bona Fide Need Rule Flashcards | Quizlet

    https://quizlet.com/279857989/bona-fide-need-rule-flash-cards
      Q:
      Explain the Bona Fide need Statute
      A:
      requires appropriated funds be used only for goods and services for which a need arises during the period of that appropriation's availability for obligation. 2. The rule not only applies to contr…
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  6. [PDF]

    BONA FIDE NEED TERMS AND BUSINESS …

    https://www.nasa.gov/pdf/434542main_Bona_Fide_Needs_Terms_2.pdf

    WebBONA FIDE NEED – TERMS AND BUSINESS RULES Antideficiency Act (ADA) ― One of the major laws through which Congress exercises constitutional control of the …

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    • Page Count: 28

  8. Ask a Professor: Bona Fide Need Rule and ADA - dau.edu

    https://www.dau.edu/aap/pages/ArticleContent.aspx?itemid=19562

    WebIn analyzing bona fide needs for construction contracts, the agency should consider the following factors: Normal weather conditions. A project that cannot reasonably be …

  9. Guidance: Bona Fide Needs Rule - Background

    www.wifcon.com/bona/bonafide1.htm

    WebThe bona fide needs rule is one of the fundamental principles of appropriations law: A fiscal year appropriation may be obligated only to meet a legitimate, or bona fide, need …

  10. Guidance: Bona Fide Needs Rule - Future Years' Needs

    www.wifcon.com/bona/bonafide2.htm

    WebIn a June 2006 report, the NLRB Inspector General concluded that NLRB had improperly obligated its fiscal year 2005 appropriation because obligating the fiscal year 2005 …

  11. The Bona Fide Needs Rule - WIFCON.com

    https://www.wifcon.com/bona/bonafide5.htm

    WebIn the context of applying the bona fide needs rule, however, the distinction is not particularly useful since it is still necessary to look at the nature of the services involved in …

  12. The Bona Fide Needs Rule - WIFCON.com

    www.wifcon.com/bona/bonafide4.htm

    WebWhen the government purchases goods or materials in one fiscal year and delivery occurs in whole or in part in a subsequent fiscal year, the question is whether the contract meets a …

  13. Guidance: Bona Fide Needs Rule - Prior Years' Needs

    https://www.wifcon.com/bona/bonafide3.htm

    WebThe Bona Fide Needs Rule: B. 3. Prior Years’ Needs Page 5-18 Page 5-19 . Page 5-20 . Page 5-21: There are situations in which it is not only proper but mandatory to use …

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