When funding is accepted as CAT II, are the funds obligated before certain documentation is received?

When funding is accepted as Category II (CAT II), it is crucial that specific documentation is obtained before the funds can be considered obligated. This is in line with the financial management principles that require adequate support and evidence for any obligation of funds to ensure compliance and accountability. The requirement for documentation before obligations reinforces the transparency and validity of the funding process, as it helps confirm that the funds will be used appropriately as intended under the funding guidelines.

In financial management, demonstrating that the necessary documentation is in place before obligating funds is a best practice that ensures all processes are followed correctly and limits the risks of misuse or misallocation of funds. This helps in maintaining financial integrity and adhering to regulations or policies governing the funding process.