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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Find the legal definition of DEOBLIGATION from Black's Law Dictionary, 2nd Edition. Reducing the obligations on a contract.thelawdictionary.org/deobligation/Deobligation means an agency ’s cancellation or downward adjustment of previously incurred obligations. Deobligated funds may be reobligated within the period of availability of the appropriation;www.lawinsider.com/dictionary/deobligation
DEOBLIGATION - The Law Dictionary
Definition and Citations: Reducing the obligations on a contract. This is done by canceling a project, reducing cost, cost overrun, or correcing amounts recorded.
Deobligation Definition - Law Insider
Deobligation means an agency ’s cancellation or downward adjustment of previously incurred obligations. Deobligated funds may be reobligated within the period of availability of the …
eout process, errors and/or delays in the contract closeout . nds are funds relating to a specific line item or deliverable that was not performed on a contract. The ACO/CA must notify the …
PGI 243.171 Obligation or deobligation of funds.
Nov 15, 2024 · (i) The amount of funds obligated by prior contract actions, to include— (A) The total cost and fee if a cost-type contract; (B) The target fee at time of contract award if a cost …
Obligation Definition & Meaning - Merriam-Webster
Obligation is a noun that means a duty, a commitment, or a feeling of being indebted. Deobligation is not a word in English, but it could mean to release or cancel an obligation.
deobligation of obligated funds not yet expended - Contract ...
Sep 25, 2009 · What is the proper FAR authority to support the deobligation of unexpended obligated funds that are about to expire? I see a mod from last year and it has the changes …
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Obligation | www.dau.edu
Amount representing orders placed, contracts awarded, services received, and similar transactions during an accounting period that will require payment during the same, or a …
243.171 Obligation or deobligation of funds. - Acquisition.GOV
Nov 15, 2024 · Follow the procedures at PGI 243.171 when obligating or deobligating funds.
The Deobligation Guidebook (hereafter referred to as Guidebook) provides mandatory guidance in meeting the requirements of ADS 621 for deobligation of program and operating expense (OE) …
Changing Current “Use It or Lose It” Policy Would …
Jun 23, 2021 · Congress should change the rules that govern defense obligation rates, allow more budget authority rollovers, and accelerate reprogramming and transfers. The Department of Defense (DOD) manages...
DoD Procurement Toolbox
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In accordance with applicable statutory requirements, the Departmental policy for obligations is as follows: Incur obligations only for the purpose for which the appropriation is intended and …
obligation | Wex | US Law | LII / Legal Information Institute
Obligation is a legal concept that denotes a duty and a correlative right. Learn about the different types of obligations, such as contractual, conditional, current, and heritable, and their examples.
eCFR :: 24 CFR 583.410 -- Obligation and deobligation of funds.
§ 583.410 Obligation and deobligation of funds. (a) Obligation of funds. When HUD and the applicant execute a grant agreement, funds are obligated to cover the amount of the approved …
OBLIGATION | English meaning - Cambridge Dictionary
OBLIGATION definition: 1. the fact that you are obliged to do something: 2. something that you must do: 3. the fact that…. Learn more.
Effective monitoring will reduce risks associated with inaccurate undelivered obligations, support accurate financial reporting, and ensure proper use of the Department’s budgetary resources. …
24 CFR § 583.410 - Obligation and deobligation of funds.
(1) HUD may deobligate all or parts of grants for acquisition, rehabilitation, acquisition and rehabilitation, or new construction: (i) If the actual total cost of acquisition, rehabilitation, …
Procurement Scorecard Program; Treatment of Deobligations
Jun 22, 2022 · A deobligation is an accounting transaction to reconcile an agency's obligations with its disbursements. When an agency awards a contract, the agency records an obligation …
48 CFR 243.171 -- Obligation or deobligation of funds.
Nov 9, 2005 · Follow the procedures at PGI 243.171 when obligating or deobligating funds. [70 FR 67922, Nov. 9, 2005]
Federal Acquisition Regulation; Deobligation Authority
Dec 27, 1999 · The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) have agreed on a final rule amending the Federal Acquisition Regulation …
Clause de confidentialité : définition, obligations et sanctions
1 day ago · Une clause de confidentialité est une clause spécifique insérée dans un contrat de travail. Elle impose au salarié une obligation de discrétion sur certaines informations sensibles …
Clause de confidentialité : définition, obligations et sanctions
2 days ago · Une clause de confidentialité est une clause spécifique insérée dans un contrat de travail. Elle impose au salarié une obligation de discrétion sur certaines informations sensibles …
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