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imprest fund

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Im´prest fund`
n.1.A sum of money to be used as petty cash.
A cash fund of a fixed amount established through an advance of funds, without appropriation change, to an authorized imprest fund cashier to effect immediate cash payments of relatively small amounts for authorized purchases of supplies and nonpersonal services.
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Final Rules Simplified Acquisition Procedures (DFARS Case 2003-D075) Updates and consolidates text on the use of imprest funds and third-party drafts; deletes unnecessary cross-references; and relocates to the PGI (Procedures, Guidance, and Information) Web site at <http://www.
Defense FAR Supplement (DFARS) Change Notice 20060123 by Defense AT & L
Simplified Acquisition Procedures (DFARS Case 2003-D075) Updates and consolidates text on the use of imprest funds and third-party drafts; deletes unnecessary cross-references; and relocates to PGI, guidance on the use of unilateral contract modifications and procedures for use of forms for purchases made using simplified acquisition procedures.
Defense FAR Supplement (DFARS) change notice 20050412 by Defense AT & L
 
 
 
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