Get Dwcf Handbook Updated December 26 2014 Page 1 - Dwcf

provide working capital for such industrial-type activities, and such commercial-type activities that provide common services within or among departments and agencies of the Department of Defense, as he may designate.

The Army Working Capital Fund is a revolving fund used to finance the continuous flow of goods and services to its customers. A revolving fund derives its name from the cyclical nature of its cash flows. by AWCF managers, as well as AWCF customers.

DoD Components must establish a reporting system for the administrative control of funds process to provide data for reviewing the efficiency (e.g., obligation rate) with which funds are used.

With the Reimbursement Order (Category I), the assisting agency pay for the items up front and is then reimbursed by the requesting agency. With Direct Citation (Category II), the requesting agency provides the funds up front.

The WCF is a no-year fund. No-year funds are available until expended; however, unobligated balances must be reapportioned to the fund by the Office of Management and Budget (OMB) for the amounts to be carried over to the next fiscal year.

There are two categories of MIPRs, reimbursable and direct cite. Both categories can be used on one MIPR. Generally, the performing agency and the program manager (PM) negotiate whether the order will be reimbursable or direct cite. 1.3.

MIPR is a method for transferring funds amongst U.S. military organizations. ( Economy Act 31 U.S.C 1535 or other specific authority) DAI Interagency Order; transferring funds to agencies outside of DoD.

The 80/20 rule is included in annual appropriations bills and generally requires that at least 80 percent of single-year funds be obligated by the end of July. Obligations are legal commitments to spend money by a U.S. government representative (in DoD acquisition, a contracting officer).

They generally operate without fiscal year limitations (i.e., funds in a DWCF account do not expire); facilitate the aggregation of orders, allowing DOD to leverage its purchasing power; and allow for the establishment of inventories that can reduce delivery times.