The activities related to the development of the plans for work and request for funds for the operations of a Federal agency. The activities related to use of funds appropriated by Congress. Includes the detailed planning of the use of the funds as well as the control of their use to assure that Congressional intent for the use of the funds is preserved. Cooperative Agreements Legal instruments by which Federal agencies enter into arrangements with private parties or non-Federal government entities for mutually beneficial work, where the Federal government provides only a part of the funds. Commitment The reservation of funds for a specific purpose and its formal entry into agency's accounting system so recording the reservation.
Cost elements Everything that affects what an agency has to spend money on.
It includes payroll, facilities, supplies and materials, services, and contracts. The Federal fiscal year runs from October 1 to the following September 30. FTE Full-time equivalent. A measure of hours paid to employees on the government's payroll. One person working full time for a year uses one FTE, including vacation and sick leave.