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Assets FAQs

(Corresponding Policy Volume)

1.  Can you tell me where to find policy on what constitutes construction?

The policy is correct.  The person who inquired about this is located at the VBA Regional Office in Jackson, MS.  The VBA facilities have little or no cash.  As long as the person has no cash then they should follow the policy for cashless Agent Cashier Activities.

Page 27, D, 1:  “Facility directors, or designees, will ensure that unannounced audits or spot checks of the Agent Cashier’s advance and undeposited collections are conducted at least quarterly during the four annual 90-day cycles, to maintain the integrity of the agent cashier’s disbursing funds, and for cashless Agent Cashier Activities, twice a year.”