7 CFR 277.5 - Methods of payment.

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There are 2 Updates appearing in the Federal Register for 7 CFR 277. View below or at eCFR (GPOAccess)
§ 277.5 Methods of payment.
(a) This section sets forth FNS methods for authorizing funds for State agencies.
(b) The “Letter of Credit” (LOC) (SF-1193A) is the document by which an official of FNS authorizes a State agency to draw funds from the United States Treasury. This shall be the preferred method of payment for State agencies which receive at least $120,000 per year and meet the requirements prescribed in OMB Circular A-102, Attachment J.
(c) State agencies shall request payment(s) by submitting Request for Payment on Letter of Credit and Status of Funds Report (Treasury Form SF-183) to the appropriate United States Treasury Regional Disbursing Office with a copy to FNS.
(d) State agencies not meeting the requirements for the LOC method of payment or failing to meet LOC reporting requirements, including those requiring adjustments to cash balances to liquidate amounts owed to FNS, shall be provided funds by Treasury check in accordance with the provisions of Department of the Treasury Circular 1075.
(e) Payments for proper charges incurred by State agencies will not be withheld unless such payments are suspended or disallowed pursuant to § 277.16. When a payment is withheld, payment adjustments will be made in accordance with § 277.16. When FNS collects an indebtedness, whether due to a disallowance or an offset for amounts which the State agency has been billed but which it has failed to pay without cause acceptable to FNS, FNS shall provide reasonable notice to the State agency, and shall require appropriate accounting adjustment to cash balances for which the State agency is accountable to the Federal government to liquidate the indebtedness.

Title 7 published on 2014-01-01

The following are only the Rules published in the Federal Register after the published date of Title 7.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-05-19; vol. 79 # 96 - Monday, May 19, 2014
    1. 79 FR 28606 - Automated Data Processing and Information Retrieval System Requirements: System Testing
      GPO FDSys XML | Text
      DEPARTMENT OF AGRICULTURE, Food and Nutrition Service
      Final rule; notice of approval of Information Collection Request (ICR).
      The ICR associated with the Automated Data Processing and Information Retrieval System Requirements: System Testing rule published in the Federal Register on January 2, 2014 (79 FR 5), was approved by OMB on April 7, 2014.
      7 CFR Parts 271, 272, 274, 276 and 277

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United States Code

Title 7 published on 2014-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 7 CFR 277 after this date.

  • 2014-05-19; vol. 79 # 96 - Monday, May 19, 2014
    1. 79 FR 28606 - Automated Data Processing and Information Retrieval System Requirements: System Testing
      GPO FDSys XML | Text
      DEPARTMENT OF AGRICULTURE, Food and Nutrition Service
      Final rule; notice of approval of Information Collection Request (ICR).
      The ICR associated with the Automated Data Processing and Information Retrieval System Requirements: System Testing rule published in the Federal Register on January 2, 2014 (79 FR 5), was approved by OMB on April 7, 2014.
      7 CFR Parts 271, 272, 274, 276 and 277