What does the Partial Funding Process modify on an unfunded Purchase Requisition (PR)?

The Partial Funding Process specifically addresses the funding aspects of a Purchase Requisition (PR) that has not yet received full funding. By modifying the funding amount on the PR, this process allows the requisition to be partially funded while still retaining its validity for processing.

This is critical in situations where limitations on budget or a phased delivery of funds are in place. The ability to adjust the funding amount enables requisitioners to move forward with procurement activities without exceeding the currently available budget or causing unnecessary delays in obtaining necessary goods or services.

This focus on funding adjustment is essential for financial management within the GFEBS system, ensuring that procurement actions are aligned with available resources while maintaining compliance with budgetary regulations. Thus, modifying the funding amount helps ensure that the requisition accurately reflects the current fiscal capabilities and complies with relevant spending guidelines.