Control of Administrative Funds Drawn

110 – Control of Administrative Funds Drawn (Rev. 23, 10-24-03) A1-1340, B1-4340 The funding level approved by Congress limits the approval of funds. The contractor shall draw funds to the lower of the cumulative quarterly distribution certified on the NOBA or the Total Costs (amount expended) as reported on the IER or FACP. It shall draw administrative funds during the period in line with expenditures. Funds drawn during the subsequent month must be adjusted for administrative funds drawn in excess of actual costs reported.