DOE Moves To Adapt To Time Limits On Contract Funds

Law360, New York (January 13, 2012, 8:54 PM EST) -- With a move toward stricter time limits on appropriated funds, the U.S. Department of Energy laid out the implications for contract planning, award and administration in a Thursday letter to its contracting officers.

In contrast to most federal agencies, the Energy Department's appropriations have historically provided most of its funding in the form of “no-year” money, which may be obligated until expended, the letter said. But for fiscal year 2012, appropriations for several agency programs will be give time limits of one or two years, requiring...
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