If you work in the Government acquisition world, this podcast is for you. (not just for Contracting Officers!)
We talked about colors of money way back in Episode 19, including the limitations that are attached to each color regarding purpose and availability. Today Kevin and Paul take a different route and discuss the stages that Government money travels through regardless of color.
Listen and learn the nuances of terms like committed, obligated, expired, and cancelled…and how they impact the acquisition and contract execution process.