Acquisition Workforce Training Fund

 

The Acquisition Workforce Training Fund (AWTF) was established by the Services Acquisition Reform Act of 2003 (SARA, Public Law 108-136), Section 1412 (41 U.S.C. 1703 (h)(3)(i)). The AWTF is managed by the Federal Acquisition Institute (FAI) and is financed by deposits of five percent of the fees collected by non-Department of Defense (DoD) executive agencies under governmentwide contracts.

FAI uses the fund to develop and deliver training resources needed to enable federal acquisition professionals to transition to a service oriented and technology driven federal market.

FAI provides recommendations to the Office of Federal Procurement Policy (OFPP), the FAI Board of Directors and the Chief Acquisition Officers Council (CAOC) identifying training needs and setting priorities for use of the fund. OFPP provides guidance on Administration initiatives, emerging trends and new issues in acquisition.