[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR13.305-1]



[Page 220]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 13_SIMPLIFIED ACQUISITION PROCEDURES--Table of Contents

 

               Subpart 13.3_Simplified Acquisition Methods

 

Sec. 13.305-1  General.



    Imprest funds and third party drafts may be used to acquire and to 

pay for supplies or services. Policies and regulations concerning the 

establishment of and accounting for imprest funds and third party 

drafts, including the responsibilities of designated cashiers and 

alternates, are contained in Part IV of the Treasury Financial Manual 

for Guidance of Departments and Agencies, Title 7 of the General 

Accounting Office Policy and Procedures Manual for Guidance of Federal 

Agencies, and the agency implementing regulations. Agencies also shall 

be guided by the Manual of Procedures and Instructions for Cashiers, 

issued by the Financial Management Service, Department of the Treasury.