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People also ask
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What form does the US treasury require to document intragovernmental transactions and move funds between agencies?
IAA is our shorthand for using the Treasury Department's standard form 7600A and 7600B, along with terms and conditions, a statement of work, and financial terms to record the agreement.
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What is an interagency reimbursable work agreement?
For example, an IRWA would allow one federal agency, the requesting agency2, to reimburse another directly to pay for staff time and expertise provided by the servicing agency.
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What is the purpose of an interagency agreement?
It sets the relationship between the trading partners. It identifies the agencies entering into the agreement, the authority permitting the agreement, and the agreement action, period, and type. Each IAA must include one GT&C.
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What is the difference between an interagency agreement and a MOA?
A MOA identifies and appoints responsibility to the certain parties involved in a detailed manner to alleviate any ambiguity of who is to do what. An IAA is used to document reimbursable agreements; when one Federal agency pays another Federal agency.
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What is an IAA form?
The standard Interagency Agreement (IAA) form is comprised of two sections, the General Terms and Conditions (GT&C) Section and Order Requirements and Funding Information (Order) Section.
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What is an IAA agreement?
7) Types of Interagency Agreements The term IAA can encompass agreements between Treasury and other agencies or between Treasury Bureaus for products or services. The products or services can be furnished by the other agency's federal employees or contractors.
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What is a reimbursable agreement?
Definition. A written agreement to perform work or provide a service for another Federal agency or non-Federal entity on a reimbursable basis.
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