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 | | Bulletproof Vest Partnership
BVP FAQs > Answers
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 | How soon must we purchase vests to avoid expiration of funds? |
Answer:
NEW: Beginning with FY 2008 funds, the
use period for BVP funds will be two years. To draw down FY
2008 BVP funds, vests must be received and the request for
payment submitted to the BVP system by September 30, 2010.
All regular, prior year BVP funds expire on September 30th,
four years after the Federal fiscal year associated with the
funds. Example: FY 2004 BVP funds remain available until September
30, 2008. Funds that have not been requested prior to the
expiration date will be de-obligated and returned to the BVP
fund for future distribution.
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