§30102 Working capital fund

Summary

Creates a working capital fund in the U.S. Treasury for the Administration to pay for activities, services, equipment, information, and facilities the Administration provides. The fund can charge other federal agencies, states or local governments, public or private groups, or individuals on a reimbursable basis. It also covers capital repairs, renovations, demolition, or replacement of Administration property on a reimbursable basis, and IT modernization under section 1077(b)(3)(A)–(E) of Public Law 115–91 on a non‑reimbursable basis. Amounts are available without regard to fiscal year limitation. The fund’s capital comes from money appropriated to it; the value of supplies, equipment, and orders the Administrator transfers minus related liabilities; payments for loss or damage to fund property; and ongoing refunds or rebates from the National Aeronautics and Space Administration’s credit card programs. The fund must be paid in advance for supplies and services at rates that approximate operating costs like accrued leave, depreciation, and overhead.