Acts as liaison to field and headquarters offices, as well as the Comptroller Operations Division (COD), on financial and accounting data;
Provides monthly statements for cooperative trust fund agreements;
Assists in payment research and problem-solving;
Expedites same-day-payments and wire transfers via the Secured Payment System (SPS);
and, Processes various payments not processed through established payment systems at COD. Payments processed by FOST include: Employee Reimbursements (SF 1164), Indemnity Claims, Cooperative Agreements, Fee Basis, Bovine Spongiform Encephalopathy (BSE), UPS, Employee Training (SF 182), Transportation, Honorariums, Patent Royalties, Torts, Grants, Postage, and Miscellaneous. The micro purchase thresholds for payments without an agreement or purchase order are set at $3,000 for goods and services, $2,500 for services covered under the Service Contract Act, $2,000 for construction, and $350 for telecommunications repair service (no telecommunications recurring services). All payments over the micro purchase threshold must be accompanied by a valid agreement or purchase order.