The group is involved in DOD, DOC, EPA, CDC, DHS, and others, and thus far volunteer members have met to discuss rate-setting pain issues and a survey has been sent to collect additional information regarding rate-setting activities of group members. It is available without fiscal year limitation for the operation of a comprehensive program of centralized services in both the national and regional offices. from Department heads. The Symposium featured a moderated roundtable discussion with guest speakers including: In the first part of the discussion, the panelists shared their experiences from the view of each specific agency. In deciding what to do with an appreciated property, it is good to consider the tax benefits of donating appreciated property to a qualified charitable organization. WCFs in the DOC work as non-appropriated accounts financing on a reimbursable basis Department-wide administrative services that are more efficiently and economically performed centrally. PDF Federal Investigations Notice Notice No. 22-01 June 30, 2022 Subject Aju;_ZV.&lYGhjqREs\-k~4i0l)zT$=8N[*5(b*D*Scv`u8X~9m{qh_wq~e"5Yqq}s6Zv4Zhz2>Y=Z`| id7zh6i!90so `|(8PH"-OF,5nvyWvjp1f PDF Fiscal Year (FY) 2021 Budget Estimates Defense Counterintelligence and The overall objectives are consistency, efficiency, and transparency. The line of service for enterprise acquisition services enables the department to procure best value, commercially competitive IT services and capabilities through DISA's Defense IT Contracting Organization (DITCO). A Governance Board presides over a Steering Committee, and Working Group, and several Focus Groups, which focus on upcoming issues. Disa Personnel Government executives and managers discussed WCF issues, shared lessons learned, and gathered best practices. On Tuesday, July 9, the National Academy of Public Administration and Grant Thornton hosted a Working Capital Fund Symposium on exploring the unique human capital challenges and opportunities in the WCF space. The . 752 followers 500+ connections. . CAP currently works with the following 2 lenders: (888) 215-2373 The presentation focused on OMBs work in supporting shared services across federal agencies. The total WCF budget accounts for $400 million in the fiscal year 2018a 58 percent increase in five years. Following Ms. Picards presentation, Q&A breakout sessions allowed participants to discuss lessons learned. Type of appropriation is fiscal 2022 through 2026 defense working capital funds. This mission area funds the Global Command and Control System Joint (GCCS-J) program, Global Combat Support System Joint (GCSS-J) program, and senior leader and coalition information-sharing activities. First, it might be best to start small, originate broader service categories, and expand as the fund matures. Material presented on our website is believed to be from reliable sources, but we make no representation as to its accuracy or completeness. Loans whose proceeds may be used for working capital or the purchase, construction or lease of capital assets, to include buildings and equipment. [NOTE: This award, originally posted with the Dec. 1, 2002, contract announcements, is actually being awarded today.] Aligning WCF performance measures with the agency's mission so that performance measures are relevant to the agency and inform the decision-making process could also be a valuable practice. These include WCF publications, consumption and billing data, billing dispute, inquiry management, and a calendar of events. A stable source of funding for service provision during fiscal uncertainties is supposed to guarantee predictability. Thirdly, there are Mr. Carrolls Newbie observations on revolving funds: pretty much everyone has at least one revolving fund, which means they are not new to government and have been used successfully in virtually every www.liftfund.com Jennifer Ayers, Chairperson, Working Capital Fund Symposium, discussed the ongoing formation of a WCF Readiness Assessment, which is being developed jointly between Grant Thornton and the National Academy of Public Administration. Echelon Services Awarded $153M for Cybersecurity Support to DCSA All members of the group will be invited to participate. PDF This Issue And finally, to incorporate flexibility. Responses to these questions were compiled, analyzed, and presented to the Governance SIG. Following the presentations, Q&A breakout sessions allowed participants to discuss lessons learned. you consent to acceptance of the change. Guest speakers included: Zack talked about the progress and transitional organization of DCSA. DCSA Acquisition and Contracting, Quantico, Virginia, is the contracting activity. In the second part of the event, the panelists discussed the requirements and barriers to establishing a WCF. This is a fouryear base contract with one fiveyear option period and one six-month option period. He serves as Chief Financial Officer of the Architect of the Capitol (AOC). The Program facilitates loans which are underwritten by the participating non-profit lenders and supported by the state contributions to a loan loss reserve fund. The Rate Setting A Benchmarking Study white paper documents common issues that WCFs face around rate-setting and provides a summary of best practices identified by a survey of a core group. www.peoplefund.org. Click It is now the third year of having everyone come and report to one group. Heres How a a Qualified Charitable Distribution (QCD) can Offset Your RMD, Individual Charitable Donations: Donating Appreciated Property. PDF Fy 2022 Congressional Budget Justification Working Capital Fund Programs It offers enterprise-wide perspective and advice. It is about defining a consistent costing and pricing methodology across providers, including the option for service bundles and alignment to service catalogs. Wilcoxon and her team stood-up the first Defense Wide Working Capital Fund in DOD in 23 years, transferring over $1.6 billion from the OPM revolving funds for background investigation services. FCA Corp is not a CPA firm. The authors, publisher and host are not providing legal, accounting or specific advice concerning your situation. dcsa.pa@mail.mil (571) 305-6562 DCSA ACCESS is an authorized agency information publication, published for employees of the Defense Counterintelligence and Security Agency and members of the defense security and intelligence communities. We may only transact business in those states in which we are registered, or qualified for an exemption or exclusion from registration requirements. She joined the Grant Thornton Public Sector team in 2020 to help WCF entities better mitigate risks and harness the benefits such a financing model can provide. Joe Mitchell, Director of Academy Programs at the National Academy of Public Administration, and Carlos Otal, National Managing Partner of Public Sector Services and Solutions, Grant Thornton, welcomed the group and spoke to the partnership between the National Academy of Public Administration and Grant Thornton in sponsoring the Working Capital Fund Symposium. In a second step, consistent pricing methodology and governance are enforced. The SIG found numerous enhancements that can be conducted to make these WCFs more mature. Austin, Texas 78702 Type of appropriation is fiscal 2021 through 2023 Army working capital funds. Before joining Grant Thornton, Mr. Taylor served as the Chief Financial Officer of the U.S. Department of Labor (DOL). On Thursday, October 13, the National Academy of Public Administration and Grant Thornton hosted a Working Capital Fund Symposium on WCF implementation in the Department of the Interior (DOI). nonpartisan, professional services office with responsibility for more than 17.4 million square feet of facilities and more than 587 acres of grounds. The DOC found that focusing on which services are provided and prioritizing them was a valuable experience. DISA has a total budget of $11.9 billion and receives funding through both congressional appropriations of $3.4 billion and a Defense Working Capital Fund (DWCF) of $8.5 billion. Founded in 1876, the AOC is a DCSA's Pathway to Transformation. 2235 and is defined as: A fund without fiscal year limitation for payment of salaries and other costs for centrally managed services approved by: Public Law 78-129 (legislation creating the WCF) PDF U.S. General Services Administration WORKING CAPITAL FUND CONTENTS The WCF Committee consists of customers and service providers. PDF Defense Primer: Defense Working Capital Funds - Federation of American The Departments WCF was established in 1944 with a mission of providing centralized services to the Bureaus. The WCF components are split into service providers and customers. Discover how a 2022 IRS tax reporting change could affect people who are self-employed or whose side job pays through an app or online platform. San Antonio, Texas 78207 Statutory Authority Fund Type Title . Eric and Ken discussed formal ERM centers and the obstacles and breakthroughs they have had on that front. This is not a multiyear contract. DOLs Working Capital Fund was established in 1957. Fees in the reserve were appropriated in prior years and remain available until spent. The SIG aims to develop solution papers around issues that are key to the WCF group. This model is particularly useful because it acts as the single source for all indirect and direct expenses, specifically regarding employee and contractor leave. This mission area includes funding for network operations (NetOps); the information assurance/public key infrastructure (IA/PKI) program; cybersecurity initiatives; and budgets for DISA's field offices, which support the combatant commands, and for the Joint Staff Support Center (JSSC), which supports the chairman, vice chairman, and Joint Chiefs of Staff in the Pentagon. To achieve a consistent funding model, a three-step guide is recommended. The views expressed by the authors are not necessarily the official views of, or Firstly, the benefits of the working capital model for AOCs Construction Division were discussed. "Eliminate Bandwidth Constraints" focuses on capabilities and services that build and sustain the Global Information Grid (GIG) transport infrastructure, while eliminating bandwidth constraints and rapidly surging to meet demands. Under Secretary of Defense (Comptroller) > Budget Materials It delivers comprehensive background investigations for over 100 federal departments and agencies. On Thursday, April 20, the National Academy of Public Administration and Grant Thornton hosted a Working Capital Fund Symposium on change, process improvements, and efficiencies of WCFs. DISA supports command and control, information-sharing capabilities, and a globally accessible enterprise information infrastructure. Docsa Capital Management, Inc William K. Lietzau Director, . DLA supplies military and other Federal agencies with operating materials. PDF 2019 President's Budget Working Capital Fund Contents - USDA Participating lenders are the primary point of contact for prospective applicants. Mission partners order capabilities or services from DISA and make payment to the working capital fund when the capabilities or services are received. If Economy Act is selected in box 13, boxes 14 & 15 are optional data elements. The presentations included the impact of the pandemic on each WCF. This requirement was synopsized on the Federal Business Opportunities . Mr. Mahoney joined the Federal Governments Office of Personnel Management (OPM) in May, 2003. The WCF will streamline the allocation of expenses for AOCs Construction Division from across these 10 appropriations. It is responsible for the maintenance, renovation, and new construction of the buildings and grounds on Capitol Hill. Dan Blair, President and CEO of the National Academy of Public Administration, welcomed the group and thanked the guest speaker Anita Harrell, Director of Support Operations Directorate, NASA Shared Services Center. Congress authorized CDC to begin operating a WCF in the fiscal year 2014 to improve the provision of supplies and service. U.S. General Services Administration Working Capital Fund WCF-2 Appropriations Language For the Working Capital Fund of the General Services Administration, $28,500,000, to remain available until expended, of which $8,500,000 is available for necessary costs incurred by the Administrator to modernize rulemaking systems and to provide support services for Federal Keynote speaker Kevin E. Mahoney (Director of Human Resources & Chief Human Capital Officer in the U.S. Department of Commerce, DOC) has over 40 years of human resource experience. Their $661.8 million budget is currently funneled into ten separate appropriations that feed into nine separate division accounts and one central account. In the final days of 2022, Congress passed a new set of retirement rules designed to facilitate contribution to retirement plans and access to those funds earmarked for retirement. Agency leaders share their insights to implement and sustain Working Capital Funds. DSCA is the lead federal agency that conducts background investigations for most federal employees and job applicants, excluding only the intelligence . PSI-I requirements and budgets are DCSA Working Capital Fund published rate, and adjusted to include costs on a case by case basis for Triggered Enhanced Subject Interviews (TESI) and Reimbursable Security Investigations (RSI). The WCFs of the Environmental Protection Agency, Department of Commerce, and Housing and Urban Development Agency were presented by each respective panelist. The WCFs of the Department of Commerce, the Census Bureau, and the Food and Drug Administration were presented by each respective panelist. This budget enables the agency to implement the White House's national security strategy. As a major benefit of WCFs, he named that agencies prefer a way to have capital investment and at the same time being able to respond to the demands of mission support more quickly. The major element of the telecommunication services component is the Defense Information System Network (DISN), which provides interoperable telecommunications connectivity and accompanying services that allow the department to plan and operate both day-to-day business and operational missions through the dynamic routing of voice, data, text, still and full-motion imagery, and bandwidth services. How much can you afford to pay for a car? A DWCF business unit is not profit-oriented and, therefore, only tries to break even, charging prices set using the full-cost-recovery principle, which accounts for all costs both direct and indirect (or "overhead") costs. The meeting was introduced by Teresa Gerton, President and CEO of the National Academy of Public Administration, and Jennifer Ayers, Director in the Office of the Secretary, Financial Management at the Department of Commerce (DOC).
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