Bona Fide Need | www.dau.edu
网页Definition. The Bona Fide Need rule (law) requires appropriated funds be used only for goods and services for which a need arises during the period of that appropriation’s availability for obligation.
Bona Fide Need Rule - AcqNotes
网页2023年8月23日 · The Bona Fide Need Rule is a fundamental principle in federal government procurement in the United States. It is intended to ensure that appropriated funds are used for their designated purposes and are not wasted or misused.
Federal Appropriations: Bona Fide Need Rule
网页2023年3月1日 · Agency attorneys risk violating federal appropriations statutes if they fail to apply the bona fide need (BFN) rule, which mandates that funding be used to meet a legitimate need arising in the...
14-1. Authorized Purchases - Acquisition.GOV
网页2024年7月12日 · An authorized purchase satisfies a current mission-related need at a fair and reasonable price that meets all legal and regulatory requirements. It meets the following five criteria: 1) Lawful. Purchase is funded and authorized by law or regulation, and the requested item/service fits the appropriation which is being used.
Guidance: Bona Fide Needs Rule - Background - WIFCON.com
网页The bona fide needs rule is one of the fundamental principles of appropriations law: A fiscal year appropriation may be obligated only to meet a legitimate, or bona fide, need arising in, or in some cases arising prior to but continuing to exist in, the fiscal year for which the appropriation was made. Citations to this principle are numerous.
网页The bona fide needs rule provides that an appropriation limited to obligation for a definite period may be obligated only to meet a legitimate or bona fide need arising during the period of availability of the appropriation.
Understanding the Bona-Fide Needs Rule | www.dau.edu
网页This video provides a fundamental understanding of the Bona-Fide Needs Rule and how it is applied to a program.
网页What is the bona fide needs rule? The bona fide needs rule is a rule of appropriations law. It mandates that a fiscal year’s appropriations only be obligated to meet a legitimate—or bona fide—need arising in (or sometimes before) the fiscal year for which the appropriation was made. It restricts this year’s appropriated funds from
Federal Appropriations: Bona Fide Need Rule | Practical Law
网页A Practice Note providing practical guidance for the agency attorney in applying the bona fide need rule to funding issues for supporting operations and missions. This Note discusses key considerations for determining whether the rule applies to an agency action, what exceptions to the rule may apply, and other common issues surrounding the ...
Understanding the Bona-Fide Needs Rule
网页2017年3月23日 · This video provides a fundamental understanding of the Bona-Fide Needs Rule and how it is applied to a program.