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STANDARD Form J0, JULY 1966PAGE |AMENDMENT OF SOLICITATION / MODIFICATION OF CONTRACTGENEtus, av CES ADu5nAYiON .to. PNC. Etc few CFt1 116101 l. student MODIFICATION NO. Of B2. Eyed. PROJECT No. (If
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01
Access the mod 1deobligating balance form.
02
Fill in the required information, such as the contract number and the amount to be deobligated.
03
Provide a detailed explanation for why the funds are being deobligated.
04
Review the form for accuracy and completeness.
05
Submit the form to the appropriate authority or department for approval.

Who needs mod 1deobligating balance to?

01
Mod 1deobligating balance is required by government agencies or departments that need to adjust the funding allocation for a particular contract. It is typically used when there are excess funds that need to be returned to the funding source or when there is a change in the scope or requirements of the contract that result in a decrease in the funding needed.
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Mod 1deobligating balance is to transfer unspent funds from one contract line item to another.
Contracting officers are required to file mod 1deobligating balance to.
Mod 1deobligating balance should be filled out using the appropriate contract modification forms and following agency guidelines.
The purpose of mod 1deobligating balance is to reallocate funds within a contract to ensure proper spending and to avoid wastage.
Mod 1deobligating balance must include details of the original contract, the line item being deobligated, and the line item receiving the funds.
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