InvestorsHub Logo
Followers 5216
Posts 24069
Boards Moderated 6
Alias Born 09/20/2000

Re: learningasitgoes post# 18876

Thursday, 09/17/2009 9:07:05 AM

Thursday, September 17, 2009 9:07:05 AM

Post# of 79740
learningasitgoes...

I personally spoke to a Commander in the Air Force who is a Contracting Officer who has told me that such could very well be quite the contrary. I have to agree with him from some of my experiences in the Air Force too in dealing with quite a few contracts in the past.

A lot of times there is what is called "fall out money" that has to be disseminated before the start of the new fiscal year; 1 Oct 09.

Whether we see them or not in Sep 09, contracts have and will be issued all the way up to the last day of the fiscal year; 30 Sep 09.

Still, the monies that I believe are allocated for any of the contracts EVRM or STS already have (and will get for this fiscal year) are already budgeted in for funds allocated for this fiscal year.

v/r
Sterling