![]() There are two types of IGTs: Intra-departmental and Intra-governmental. Intra-governmental Transactions (IGTs) – These transactions result from business activities conducted by two different federal government entities. Inter or Intra-Agency Agreement (IAA) – A written agreement entered between federal agencies (Inter), or organizational units within the same agency (Intra), establishing a relationship between a buyer and seller, which specifies the supplies to be furnished or tasks to be accomplished. VA financial policy, Volume II, Chapter 7B, Honoraria, allows for honoraria payments, not to exceed $100, provided that the payments are not of a significant nature, enforceable by law, and are used as more of a thank you or an expression of appreciation for voluntary services received. Honoraria – Voluntary payments to a person for a service for which a fee is not legally or traditionally required. G-Invoicing – Treasury’s long-term solution for buy/sell transactions that will allow federal agencies to initiate payments and manage the receipt and acceptance of GT&C, orders, and performance. General Terms and Conditions (GT&C) – The section of an IAA that identifies the buyer and seller involved, the authority for the agreement, required actions, period of performance, and type (i.e., single order or multiple order IAA). Trading partners should have appropriate statutory authority (e.g., Economy Act) prior to engaging in an agreement for buy/sell transactions.įiduciary Intra-governmental Transactions (IGTs) – Transactions where a single agency, also referred to as an authoritative source, performs a centralized function on behalf of all other federal agencies. This arrangement is accomplished through the issuance of a reimbursable agreement (i.e., VA Form 2269 or Treasury Form 7600(A)(B)) between the two entities. VA had established a review and approval process to determine whether the government should accept liability therefore, no obligation arose until that time.Īcquisition Assisted Interagency Agreement – A type of interagency agreement where a servicing entity performs acquisition activities using a contractor to provide the supplies or services.īuy/sell Transaction – Transactions between two federal entities where supplies or services are purchased by one entity from another entity. 895 (1967), GAO approved the Veterans Affairs’ practice of recording obligations for fee-basis outpatient treatment of eligible veterans at the time the agency administratively approved the vouchers. ![]() (Government Accountability Office (GAO) Redbook Chapter 7, Obligation of Appropriations, Administrative Approval of Payment). In these instances, the agency should not record an obligation for payment until it approves the payment. Each non-contractual obligation must specifically identify the vendor that will provide the supplies or services.Īdministrative Approval of Payment (Obligate at Claim Approval) – Occurs when a liability does not arise until the agency formally reviews and approves payment.
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