ANTI-DEFICIENCY ACT
The 'Anti-Deficiency Act' is legislation enacted by the United States Congress to prevent the incurring of obligations or the making of expenditures (outlays) in excess of amounts available in appropriations or funds.
This Act of Congress is sometimes known as Section 3679 of the Revised Statutes, as amended.
Among the governmental acquisition community, a widespred misnomer is that when a contract instrument is released with unavailable funds, the contract is "''anti-deficient''". However, the correct term is simply "deficiant", as the Act itself is an attempt to counter deficiencies.
★ Text of the Anti-Deficiency Act
This Act of Congress is sometimes known as Section 3679 of the Revised Statutes, as amended.
| Contents |
| Misuse of terminology |
| External links |
Misuse of terminology
Among the governmental acquisition community, a widespred misnomer is that when a contract instrument is released with unavailable funds, the contract is "''anti-deficient''". However, the correct term is simply "deficiant", as the Act itself is an attempt to counter deficiencies.
External links
★ Text of the Anti-Deficiency Act
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