Contract Signing Requires Available Funds

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LETTER OF INSTRUCTIONS NO. 968: Contract Signing Requires Available Funds

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Title Source: Supreme Court: Contract Signing Requires Available Funds

Law: Letter Of Instructions No. 968

Decision Date: Dec 17, 1979

Letter of Instructions No. 968 mandates that government contracts can only be signed when there are available funds, with the Chief Accountant responsible for verifying and witnessing the contracts, and the Commission on Audit ensuring compliance and accountability.

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