Department of Defense (DoD) Financial Management Regulation (FMR) Support Agreements: What You Need to Know
As a member of the financial management community, it is important to stay up-to-date on the latest regulations and requirements governing DoD financial management. One such regulation is the DoD Financial Management Regulation (FMR), which provides a framework for the management and accountability of DoD financial resources.
One important aspect of the DoD FMR is the use of support agreements. Support agreements are contractual arrangements between two or more DoD components that provide for the exchange of goods, services, or funds. These agreements are used to facilitate the implementation of DoD programs and activities and help promote efficiency and effectiveness in financial management.
There are several different types of support agreements under the DoD FMR, including:
1. Inter-service support agreements (ISSAs): These agreements are between two or more DoD military services or components and are used to provide support for common activities or missions.
2. Intra-service support agreements (INSSAs): These agreements are between different components within the same military service and are used to provide support for common activities or missions.
3. Public-private support agreements (PPSAs): These agreements are between a DoD component and a private sector entity and are used to provide support for DoD activities or programs.
4. Direct reimbursement agreements (DRAs): These agreements are between a DoD component and another federal agency and are used to reimburse the other agency for services provided.
To ensure compliance with DoD FMR regulations, all support agreements must meet certain requirements. For example, the agreements must be in writing, clearly define the roles and responsibilities of each party, and include a detailed scope of work and a cost estimate.
In addition, support agreements must be approved by the appropriate DoD officials and comply with all applicable laws and regulations, including the Federal Acquisition Regulation (FAR) and the Defense Acquisition Regulations System (DFARS).
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In summary, support agreements are an important aspect of DoD financial management and help promote efficiency and effectiveness in the implementation of DoD programs and activities. As a member of the financial management community, it is essential to stay informed about these agreements and ensure compliance with all applicable regulations and requirements.