United States Navy Working Capital Fund - NWCF Funding Process Summary

NWCF Funding Process Summary

  1. Congress provides a one-time cash corpus to begin operation and in advance of customer orders.
  2. Customers receive appropriations from Congress.
  3. The customer sends a work order or project order to the working capital fund business area provider.
  4. The business area furnishes the service or product, pays for expenses incurred, and bills the customer.
  5. The customer pays the bill.
  6. The business area incurs either a loss or a profit during the fiscal year, resulting in either an increase in the rate charged to the customer or a rebate (lowered rate) charged to the customer.

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