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WIA Policy Letter Policy Type Description

WIA Policy Letter 01-PL-31 CH2

Status

Rescinded

Rescinded By

10-PL-58  Reporting of Accrued Expenditures, Obligations and Reallocation

Subject

Reporting of Obligations and Re-allotment under the Workforce Investment Act (WIA)

Issue Date

March 11, 2004

Effective Date

June 13, 2002

Expiration Date

July 01, 2010

Subject Index

Purpose

To provide WIA formula grantees the capability to report obligations and to describe under what circumstances funds will be de-obligated and re-allotted for both WIA formula funds and WIA Statewide Rapid Response funds.

Issuances Affected

State References

01-PL-26  Reallocation of Workforce Investment Act Funds

Federal References

  • Workforce Investment Act of 1998 Sections 128(c) and 133(c).
  • WIA Final Rules and Regulations Part 667.160
  • TEGL 16-99 and TEGL 16-99 Change 1

State Rescissions

None

Policy Tags

Reallocation Related policies - Link opens in a new window

Policy Definitions Glossary Description

Obligation Related policies - Link opens in a new window
The amounts of orders placed, contracts and subgrants awarded, services received and similar transactions that require payment by the recipient during the same or future period. (29 CFR Part 97.3) Contracts and subgrants must be fully executed to be included as an obligation. Some examples of an obligation are summer youth contracts, ITAs, open purchase orders, service provider contracts and child care contracts. Accrued expenditures are a part of the total obligations to be reported.

Additional Information

None