As the next step, Jennifer Ayers announced the formation of a Governance Strategic Interest Group, which will be led by Chris Richey from the Department of the Interior. The . Many of the issues of WCF are very common and must therefore be shared to address them jointly. DITCO provides complete contracting support and services. Dan Blair, President and CEO of the National Academy of Public Administration, welcomed the group and thanked the Working Capital Fund Symposium organizers and this quarters guest speakers from the Department of the Interior. On Thursday, February 10, the National Academy of Public Administration and Grant Thornton hosted a Working Capital Fund Symposium on Implementing a Working Capital Fund and potential barriers to implementation. Follow DISA on Twitter to always stay informed. 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. This will replace the current allocation process, which is manual, cumbersome, and non-transparent. The purpose of the assessment will be to evaluate an agencys WCF culture, performance, progress, and resources in order to identify major needs and gaps. Enhanced communication between customers and service providers enhances effectiveness. Copper River Cyber Solutions Wins DCSA Contract to - ClearanceJobs 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. In this time, he has implemented numerous business process improvements, including improving the cost allocation process related to DOC WCF budgets, for which he earned the Bronze Medal Award. www.liftfund.com It offers enterprise-wide perspective and advice. This article discusses the race between tech companies to monetize AI and how widespread adoption might affect workers, the economy, and society in general. "There's . |t!9rL'~20(H[s=D[:b4(uHL'ebK9U!ZW{h^MhwuV};GoYDS7t}N!3yCaFr3 PK ! \\%{gfmf r~/*0R(PyI"Y)TKi JM{i$@sYuO: Evidence of this can be found right here at the Defense Security Cooperation. This included discussion of the following: Following the roundtable discussion, the Q&A session focused on lessons learned from the pandemic in more detail and how these lessons will be applied in the future. Mr. Hoofnagel provided an overview of the DOC assessment and pivot to Pandemic assessment. 10 U.S. Code 2208 - Working-capital funds. The quarterly WCF Symposium aims to develop discussions to adopt a more streamlined WCF approach. Moreover, a disciplined budget execution process that uses budget as a template for funds controls guarantees excellent budget formulation and execution reports. 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. WCFs are growing and hence to become more important, and as they do solutions need to be found. In particular, he favors billing and reimbursements, rate structures, and cost and performance monitoring. This issue Please enter only alphanumeric characters, Through its appropriated budget, DISA is funded by Congress through the National Defense Authorization Act, the U.S. federal law specifying the budget and expenditures for DoD, and defense appropriations bills authorizing DoD to spend money. Before joining Grant Thornton, Mr. Taylor served as the Chief Financial Officer of the U.S. Department of Labor (DOL). The WCF will streamline the allocation of expenses for AOCs Construction Division from across these 10 appropriations. 7 Transition Grew from ~900 to over 4,500 billets and 9,200 contractors Stood up Working Capital Fund Transferred $1B from OPM Transferred 14 IT systems (5 DMDC, 9 OPM) New organization chart TRANSFER TRANSITION (2+ years) TRANSFORM (3+ years) Merge organizations Thirdly, transparency can be improved by implementing ProviderStata performance management framework promoting oversight and transparency of shared services operations, investment plans, budgets, and growth strategies. For 10 years now, NASA has celebrated their Shared Services Centers with locations across America. Leah Nash, who serves as Assistant Director of Strategic Issues in the U.S. Government Accountability Office (GAO), conducted a presentation on WCF performance and accountability from her agencys perspective. Some DISN services are provided to mission partners in predefined packages and sold on a subscription basis via the DISN subscription service, while others are made available on a cost-reimbursable basis. Click 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000, Research, Development, Test and Evaluation, O&M Volume 1 - Part 1 of 2 (1137 pages, 3.01 MB), O&M Volume 1 - Part 2 of 2 (346 pages, 1.35 MB), To download as a single PDF click Volume 1 (896 pages, 23.6 MB), To download as a single PDF click here (177 pages, 1.60 MB), An official website of the United States government, OP-8 Defense-Wide Civilian Personnel Costs, OP-34 Appropriated Fund Support for Morale, Welfare, and Recreational (MWR) Activities, PB-24 Professional Military Education Schools, PB-28 Summary of Funds Budgeted for Environmental Projects, PB-31Q Manpower Changes in Full-Time Equivalent (FTE), Chemical and Biological Defense Program (CBDP), Defense Contract Management Agency (DCMA), Defense Counterintelligence and Security Agency (DCSA), Defense Information Systems Agency (DISA), Department of Defense Education Activity (DoDEA), Defense Security Cooperation Agency (DSCA), United States Special Operations Command (SOCOM), Defense Advanced Research Projects Agency (DARPA), Defense Technical Information Center (DTIC), FY21 Defense-Wide Working Capital Fund (DWWCF) Operating and Capital Budgets, Energy Resilience and Conservation Investment Program, Volume I Sec 1 - PBA-19 Introductory Statement DHP PB21, Volume I Sec 2 - O-1 Operation and Maintenance Funding DHP PB21, Volume I Sec 3 - OP-32 Summary of Price and Program Growth DHP PB21, Volume I Sec 4 - PB-31R Personnel Summary DHP PB21, Volume I Sec 5 - Physicians Comparability Allowance Worksheet DHP PB21, Volume I Sec 6 - PB-31D Summary of Funding Increases and Decreases DHP PB21, Volume I Sec 7A - OP-5 In-House Care DHP PB21, Volume I Sec 7B - OP-5 Private Sector Care DHP PB21, Volume I Sec 7C - OP-5 Consoldiated Health Care DHP PB21, Volume I Sec 7D - OP-5 Information Management DHP PB21, Volume I Sec 7E - OP-5 Management Activities DHP PB21, Volume I Sec 7F - OP-5 Education and Training DHP PB21, Volume I Sec 7G - OP-5 Base Operations and Communcations DHP PB21, Volume I Sec 7H - OP-5 Facilities Sustainment Restoration and Modernization DHP PB21, Volume I Sec 8 - PB-11 Cost of Medical Activities DHP PB21, Volume I Sec 9 - PB-11A Personnel DHP Summary DHP PB21, Volume I Sec 10 - PB-11B Medical Workload Data DHP Summary DHP PB21, Volume II Sec 1 PB-15 Advisory and Assistance Services DHP fy2021 Budget Estimates, Volume II Sec 2 - PB-22 Management Headquarters Activities DHP PB21, Volume II Sec 3 - PB-28 Summary of Funds for Environmental Projects DHP PB21, Volume II Sec 4 - P-1 Procurement Program DHP PB21, Volume II Sec 5 - P-40 Procurement Budget Item Justification DHP PB21, Volume II Sec 6 - R-1 Research Development Test and Evaluation Program DHP PB21, Volume II Sec 8 - RDT&E Budget Item Justification DHP PB21, OCO Sec 1 - O-1 Summary of OCO Operations DHP PB21, OCO Sec 2 - OP-5 Operations and Maintenance OCO Details DHP PB21, OCO Sec 3 - OP-32 Summary of OCO Price and Program Growth DHP PB21, Hosted by Defense Media Activity - WEB.mil. If Economy Act is selected in box 13, boxes 14 & 15 are optional data elements. Loans whose proceeds may be used for working capital or the purchase, construction or lease of capital assets, to include buildings and equipment. The DOI was represented by Thomas Wayson, Division Chief, Division of Budget Administration and Departmental Management, Office of Budget, as well as Chris Richey, Revolving Fund Manager, Division of Budget Administration and Departmental Management, Office of Budget, and James Beall, Associate Director (Acting), Enterprise Management, Interior Business Center. The Symposium featured a keynote presentation by Michelle Picard. will evaluate whether a WCF is a right tool for a department or agency. Securities offered by American Funds Distributors, Inc. | Learn more about Adam Peach, CFA's work experience, education, connections & more by visiting their profile on LinkedIn Third, to think sustainability as processes are being developed. 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. This can impact the ability to make long-term investments, a scale for large customers, and expand service offerings. The roundtable featured an introduction of the Unified Shared Services Management (USSM) office, which is a new government-wide management and oversight model for mission support functions and will serve as a shared service ecosystem working across functions, providers, and consumers. Her expertise is in implementing financial policy, budget justification, administering financing and investment programs, and WCF pricing, projections, and cash and cost management. In a second step, consistent pricing methodology and governance are enforced. These include WCF publications, consumption and billing data, billing dispute, inquiry management, and a calendar of events. They want to be able to move resources around in a transparent way. The main research areas were Board composition, performance and reporting, customer communication, and fund management. Government executives and managers discussed WCF issues, shared lessons learned, and gathered best practices. The DWCF was established under the authority of Title 10, United States Code (USC) Section 2208, and was effective in fiscal year (FY) 1992. This was a competitive acquisition with six responses received. Additional lessons learned include: validating service level indicators before transition, giving equal attention to how rejects are handled, and designing the optimum process for handling rework. Furthermore, reviewing rates every quarter and revising them in the budget year as appropriate or annually is recommended. The objective is to improve efficiencies and service delivery through commonly agreed upon tools and approaches. Global Investment Management & Financial Services | FCA Corp The cumulative face value of the contract to date is $138,077,939. Authority fund type title is required for FF, RF, WC, or OA. Patent and trademark fee collections must recover USPTO operating costs. It runs on a five-year, performance-based budget. In March, 2013 he was appointed the Director of Human Resource Management and Chief Human Capital Officer for the DOC. All this took place while DCSA continued stabilizing both the investigative and adjudication inventories and fulfilling an increasingly important role overseeing the National Industrial Security Program (NISP). This article looks at four good reasons why life insurance can be especially helpful in a challenging economy. February 15, 2023. In advance, CDC spent 2 years developing the WCF structure and initiating an Agency-wide change management approach. Heres How a a Qualified Charitable Distribution (QCD) can Offset Your RMD, Individual Charitable Donations: Donating Appreciated Property. Defense Primer: Defense Working Capital Funds - CRS Reports (512) 472-8191 FAX 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. 1l m3]Y8+1wd%[Wk>+&xF`K)NFP4'_sF@pip0X\3xs v#00]6`z q7ZuS@/ET:v18| 'HP[lFD[pY0 h4ulnQS67TmQ~O~q The Original Capital Access Program (CAP) is a partnership between the State of Texas and selected non-profit lenders to increase access to financing for small and medium-sized businesses and non-profits which face barriers to accessing capital or fall outside of guidelines of conventional lending. This will be a platform to assist federal agencies in adopting a more modern WCF approach to help address critical issues and solve problems that are common to the group. On Thursday, July 13, the National Academy of Public Administration and Grant Thornton hosted a Working Capital Fund Symposium on WCF implementations in the Center for Disease Control and Prevention (CDC). He initiated a discussion of how WCFs can prove that they are saving their agencies money. However, there is not a lot of recent knowledge on how to start one, including amongst current Congressional staff and leadership. The NASA Shared Services Center (NSSC) provides high-quality services and achieves cost savings for NASA through consolidation, standardization, and automation. Firstly, the benefits of the working capital model for AOCs Construction Division were discussed. She explained how USPTO developed and maintains reserves. Jennifer Ayers, Chairperson of the Working Capital Fund Symposium, discussed the continuing formation of Strategic Interest Groups (SIGs), the purpose of which will be to develop solution papers around issues that are key to the WCF group. If you are concerned your income may be higher than planned and do not need the RMD for cashflow, consider making a Qualified Charitable Distribution. CDC identifies three opportunities with the WCF. On Thursday, January 14, the National Academy of Public Administration and Grant Thornton hosted a Symposium on the topic Pulling it All Together Shared Services and the Working Capital Fund. The Department of the Interiors presentation discussed the Departments Working Capital and Franchise Funds, looking at the budget and legislative authorities, service providers, and governance structures involved in the management of each. When balances vary significantly from the target range for an extended period, the USPTO assesses the causes of the variance and determines an appropriate course of action. It also reveals the performance measures and targets. Agency leaders share their insights to implement and sustain Working Capital Funds. Through this collaborative effort, government executives and managers can discuss WCF issues, share lessons learned, and gather best practices. He leads the formulation, execution, audit, internal controls, and compliance processes for the Office of the Secretary budgets, which includes DOCs WCF. 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. PDF Defense Primer: Defense Working Capital Funds Their $661.8 million budget is currently funneled into ten separate appropriations that feed into nine separate division accounts and one central account. On Thursday, April 14, the National Academy of Public Administration and Grant Thornton hosted a Symposium on the topic 10 Years of the NASA Shared Services Center A Retrospective. The quarterly WCF Symposium aims to develop discussions to adopt a more streamlined WCF approach. 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. "Special Mission Areas" enables the agency to execute special missions to provide the communications support required by the president as commander-in-chief, including day-to-day management, fielding, operation, and maintenance of communications and information technology. Last but not least, Mr. Turner and Ms. Stamey presented their four lessons learned regarding the WCF. Agency leaders share their insights to implement and sustain Working Capital Funds. A summary of our most commonly utilized state offerings. Most importantly, consistency in operating reserve policy including permitted uses of reserves should be achieved. On Thursday, January 12, the National Academy of Public Administration and Grant Thornton hosted a Working Capital Fund Symposium on the WCF implementation in the U.S. Government and Accountability Office (GAO). Jennifer Ayers serves as the Director in the Office of the Secretary of Financial Management, Department of Commerce (DOC). At first, a common interpretation of authority must be established. As Chairperson, she will act as the voice of the WCF Interagency Working Group, representing the group as its figurehead. Email Address Email Address is required and must be in the format email@domain.comSubmit, 2023, State of Texas, Office of the Governor, Texas Economic Development, Email Address is required and must be in the format email@domain.com, Governor's University Research Initiative (GURI), Governor's University Research Initiative (GURI) Overview, Product Development and Small Business Incubator Fund, Economic Development & Diversification In-State Tuition for Employees, Governors Small Business Resource Portal, Veteran, Minority & Women Owned Business Resources, Emergency Preparation & Recovery Overview. In the light of the COVID-19 Crisis, Mr. Hoofnagel briefly evaluated how agencies can protect fee-funded programs. Furthermore, the working capital model enhances flexibility, reinforces the customer-supplier relationship, and simplifies financial reporting and the pricing process. FCA Corp is a leading global investment management and financial advisory firm, delivering differentiated long-term performance on behalf of clients around the world. WCF rates are based on the objective of full cost recovery for each service line. Any subsequent, direct communication between Docsa Capital Management, Inc. and a prospective client shall be conducted by one of our advisors that is either registered or qualified for an exemption or exclusion from registration in the state where the prospective client resides. the identification of customers, products, and analysis of benefits to customers. Defense Working Capital Fund (Based on fiscal year 2022 President's Budget) BUDGET. 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). In partnership with Grant Thornton, the National Academy of Public Administration sponsors quarterly Working Capital Fund Symposiums. The estimated lifecycle award value is $276,794,547. Not only does this allow the opportunity to develop processes over time, but also facilitates a steady change management process for customers and service providers.
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