Can I obligate funds from the current fiscal year to pay for Management Concepts training during the next fiscal year – whether it is open enrollment or contracted courses?
Yes you can! According to the Government Accountability Office (GAO), it is permissible to use this year’s funds for training that is scheduled for the following fiscal year, which includes open enrollment, contracted on-site courses, or customized training. The Comptroller General’s Decision (B-238940) permits use of current fiscal year funds to pay for training during the next fiscal year as long as the following three conditions are met: -The training meets a bona fide need of the current fiscal year -Scheduling of the course(s) must be beyond the agency’s control -The time between procurement and performance must not be excessive For a complete explanation of the Comptroller General’s Decision (B-238940), click here. It is best to consult your contracting officer for your agency’s specific policy regarding use of end-of-year funds. We are available to assist you in scheduling your training and answer any questions you might have about utilizing these unobligated funds. For more inf
Related Questions
- Can I obligate funds from the current fiscal year to pay for Management Concepts training during the next fiscal year - whether it is open enrollment or contracted courses?
- Does the enrollment contract oblige the student to pay the entire program fee even if he/she decides to leave before taking all the courses?
- Can LEAs use carry-over funds to pay for the TPAF/FICA costs for the next fiscal year?
