Managing Program Advances for Non-U.S. and Nongovernmental Recipients
An Additional Help for ADS Chapter 636
Partial Revision Date: 09/30/2022
Responsible Office: M/CFO/FPS
File Name: 636saa_093022
Overview
This document provides procedural guidance on how to efficiently use a “three-month rolling” advance. This process maintains a uniform cash flow to the recipient but limits the available cash to the recipient’s immediate disbursement needs, which complies with the Department of Treasury’s cash management policy. Treasury’s policy also requires that advances are scheduled so that the funds are available as close as administratively feasible to actual disbursement for program costs for the minimum amounts necessary, and not beforehand.
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