FY2006 September Contract Accrual Estimates
On August 11, 2006, accrual estimate requests and forms were emailed to contractors holding fish
and wildlife contracts in pending, active, or completed status or in closed status for less than
one year. Contractors were asked to provide accrual estimates for work performed by September
30, 2006 but not billed prior to September 25, 2006. Note the date: BPA must close its books
a few days early to allow adequate time for processing. However, the end of the Federal fiscal
year remains September 30, and thus you must include in your accrual estimate all contract
charges incurred though September 30 that will not be billed to and received by BPA until
after September 25.
If you plan to submit an invoice before the end of the fiscal year so that you do not have
to include it in your accrual estimate, your invoice must be received by BPA no later
than September 25, 2006.
If you are unable to invoice BPA by September 25 for all costs incurred through September
30, you should include any unbilled costs in your accrual estimate.
Important Dates and Events:
| SCHEDULE FOR FISCAL YEAR-END
CLOSE ACCRUAL ESTIMATE ACTIVITY |
| Dates |
Event |
| August 11, 2006 |
Accrual request and reporting form for fiscal year-end close sent to all
contractors via email |
| September 11, 2006 |
Signed accrual estimates for fiscal year-end close due back to BPA via fax or
mail |
|
