Does use of the Acquisition Services Directorate offer Federal agencies the ability to extend an appropriations period of availability?
No. The Acquisition Services Directorate complies with Federal fiscal law and can not use time-limited funds to acquire goods and services to meet bona fide needs that arise after their period of availability has expired. The Acquisition Services Directorate operates under the authority of the Government Management Reform Act of 1994 (GMRA), and may therefore retain funds and award contracts after the close of a fiscal year. Nevertheless, the fiscal year identity of such retained funds is preserved. It is the joint responsibility of the Acquisition Services Directorate and its clients to ensure that contracts are awarded within a reasonable period of time after the close of the fiscal year to meet bona fide needs that arose during, or continued into, the period of availability. If for any reason the Acquisition Services Directorate cannot promptly initiate contract action to ensure that a contract is awarded within a reasonable time after the close of the fiscal year, the Acquisition S
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