IAAInstructions.doc - Interagency Agreement(IAA...

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Interagency Agreement (IAA) Instructions The standard Interagency Agreement (IAA) form is comprised of two sections, the General Terms and Conditions (GT&C) Section and Order Requirements and Funding Information (Order) Section. It is the standard form to be used Governmentwide for all reimbursable agreements at the trading partner level, including, but not limited to: agreements between agencies, agreements within agencies, grant-related agreements 1 , and assisted acquisitions. 2 General Terms and Condition (GT&C) Section The GT&C is the partnership section of the IAA. It sets the relationship between the trading partners. It identifies the agencies entering into the agreement, the authority permitting the agreement, and the agreement action, period, and type. Each IAA must include one GT&C. This section identifies the general terms and conditions that will govern the relationship between the Requesting Agency and Servicing Agency, including roles and responsibilities for both trading partners to ensure effective management of the IAA. A GT&C is like a Memorandum of Understanding (MOU) and can be used in its place. No fiscal obligations are created through the execution of the GT&C; therefore, no services may be performed and/or no goods may be delivered. Order Requirements and Funding Information (Order) Section The Order is the funding section that creates a fiscal obligation when the Requesting Agency demonstrates a bona fide need and provides the necessary product(s)/service(s) requirements; funding information is provided for both trading partners; and all required points of contact sign to authorize the Order. The Order identifies the specific Requesting Agency requirements for the expected delivery of products and/or services by the Servicing Agency. This section identifies the roles and responsibilities for both trading partners to ensure effective management of the Order and use of the related funds. An IAA must contain one GT&C and at least one Order, but may contain many Orders to one GT&C. A copy of the GT&C must be kept with the Orders that it supports. Agency/Trading Partners should refer to the following document to develop standard Governmentwide business practices for their reimbursable activity: the Treasury Financial Manual (TFM) Volume 1, Part 2, Chapter 4700: Appendix 10 - Intragovernmental Business Rules — IAA Implementation Guidance . Trading Partners should also follow the Federal Acquisition Regulations (FAR) for intragovernmental transaction threshold guidance. 1 Grant-related IAAs are reimbursable agreements where the Servicing Agency awards or manages grant(s), grant program(s), or otherwise performs grant-type services for public benefit on behalf of the Requesting Agency.
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  • Spring '14
  • RobertW.McLeod
  • Advance payment, Requesting Agency, Servicing Agency

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