Acquisition Workforce Training Fund (AWTF)
The Acquisition Workforce Training Fund (AWTF) was established by the Services Acquisition Reform Act of 2003 (SARA), Section 1412. 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 will use the fund to develop training resources needed to enable federal acquisition professionals to transition to a service oriented and technology driven federal market.
FAI coordinates with the Office of Federal Procurement Policy (OFPP), the FAI Board of Directors and the Chief Acquisition Officers Council (CAOC) to identify training needs and set priorities for use of the fund. OFPP provides guidance on Administration initiatives and new issues in acquisition. The FAI Board of Directors represents a variety of agencies and provides input on agencies' needs. The Board works to ensure that FAI fulfills its statutory responsibilities, fulfills certain duties for the Administrator of Federal Procurement Policy as they relate to FAI operations, and to ensure that OFPP's priorities are being addressed. The CAOC, formerly the Federal Acquisition Council, provides information on concerns that cut across agencies.