Financial Policy Documents Changelog

Section 1101 Overview updated to add reference to the Treasury Financial Manual (TFM) Vol I, Part II, Chapter 4700 for additional information related to assisted acquisition requirements because Office of Management and Budget (OMB) Federal Procurement Policy, Improving the Management and Use of Interagency Acquisitions removed as some material updated.

• Section 110501 General Policies updated to add criteria for determination of buy and sell transaction vs. cost sharing or account adjustment.
• Appendix F Personnel Cost Scenario Examples added. Fact patterns to assist with determination of correct transactional process,

• Section 1101 – Policy Name Change to distinguish between Buy/Sell Transactions using legacy paper form process and Buy/Sell Transactions using G-Invoicing platform.
• Section 1105 Policies – Required Forms and Mandatory Clause for High-Tech Medical Equipment (HTME) Procurement for Notice of Finding (NFR 21-4) on HTME Procurement Controls Remediation Action.
• Section 1103 Definitions – Updated definitions to use consistent with G-Invoicing Buy/Sell financial policy,
• Appendix C – Removed from Policy. New G-Invoicing Policy Volume I, Chapter 11b (G-Invoicing) established.
• Appendix E – Appendix E added to address High-Tech Medical Equipment procurement intra- agency agreements forms and verbiage to be utilized on an interim basis. Interim remediation action plan established to address audit finding NFR 21-4 regarding intra- agency agreements placed with the National Acquisition Center (NAC).

• Various Sections updated to:
  • Perform five-year review and reformatted to new policy format
  • Change the title to Buy/sell Transactions to improve comprehension and understanding of related content
• Section 1103 Definitions – Updated definitions to align definitions with FAR and Treasury TFM where applicable.
• Section 1104 Roles and Responsibilities – Removed offices without roles specific to Interagency Agreements (IAA) policy as it has no specific role in this policy.
• Section 1105 Policies – Updated policy section to clarify: authorities; IAA process; IAA Administration; Reporting requirements to standardize agency guidance to federal guidance.
• Appendix A – Updated appendix to remove Treasury Form 7600 and add buy/sell transaction process to provide standardized agency guidance.
• Appendix B – Moved repository information to policy section and added IAA approval cover sheet to provide standardized agency guidance.
• Appendix C – Added G-Invoicing information processes to provide standardized agency guidance.