Managing Program Advances for Non-U.S. and Nongovernmental Recipients

Additional Help for ADS Chapter 636

File Name: 636saa_100604_cd37
Effective Date: 08/28/2004

Overview

This document provides procedural guidance on how to efficiently use a “3 month rolling” advance. This process maintains a uniform cash flow to the recipient and still limits the available cash to the recipient’s immediate disbursement needs, which complies with Treasury’s cash management policy. Treasury’s policy also requires that advances are scheduled so that the funds are available to the grantee as close as is administratively feasible to the actual disbursements by the grantee for program costs, and not beforehand.