Strategic Cash Management Agreements

Purpose

The Department of the Treasury/Financial Management Service (FMS) and individual Federal agencies enter into agreements to improve the agencies' overall cash management practices. The development of Strategic Cash Management Agreements (SCMAs) commit both organizations to implement improvements over the next three years. These improvements will enhance the processing of financial transactions between agencies and their customers, while at the same time expediting the flow of funds into the Treasury's General Account (TGA).

Goals

FMS's overarching goal is to establish a framework for moving to an all electronic Treasury; including, making full use of web and electronic technologies; streamlining the collection process; offering collection mechanisms that are easy to use, convenient, and secure; managing the depositary services provided to Federal agencies by financial institutions/agents; and providing timely collection of Federal government receipts.

Signed Strategic Cash Management Agreements

• Department of Agriculture (492 kb)
  
  
• Department of the Treasury/Bureau of Public Debt (401 kb)
  
  
• Department of Education (444 kb)
  
  
• Department of Housing and Urban Development (920 kb)