NWCF Funding Process Summary
- Congress provides a one-time cash corpus to begin operation and in advance of customer orders.
- Customers receive appropriations from Congress.
- The customer sends a work order or project order to the working capital fund business area provider.
- The business area furnishes the service or product, pays for expenses incurred, and bills the customer.
- The customer pays the bill.
- 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.
Read more about this topic: United States Navy Working Capital Fund
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