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imprest funds

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Funds issued by Army and Air Force Exchange Service (AAFES) to a military organization to purchase beginning inventory for the operation of an AAFES imprest fund activity. See also Army and Air Force Exchange Service imprest fund activity.


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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.
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.
 
 
 
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