1. MPM requests BUD CAT Consulting $$ in DB Ops Budget - (MPM manages as CAS contingency)
  2. Budget Office approves FY Consulting budget
  3. EMT/SMT request funds from contingency
  4. MPM Approved
    • If funds are for an existing project, treat same as $$ not for a project - these do not get added to a Project SpeedType
  5. Frank requests Budget Office move $$ to Dept SpeedType in appropriate Budget Category
  6. Frank tracks contingency requests in Excel tracking sheet and MPM has access

Notes

  1. Obsolescence $$ are treated as contingency in the DB Ops budget under Budget Category Equipment
  2. Contingency funds may increase if other $$ become available including from personnel vacancies
  3. Work with LeeAnn in Q3/Q4 to request/approve a portion to contingency $$
  4. All budget transfers have a corresponding journal entry in PS Finance
  5. As a rule of thumb we do not move $$ between funds (i.e. CAS, BDL, Projects, etc.)
  6. Money may get moved when approved or when a req is prepared and actual $$ moved. Notify person creating req and SMT.
  7. By moving funds for an existing project into the dept SpeedType, we do not capture the true cost of the project.