Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Internal Service fund”
  • Internal Service fund

    A type of proprietary fund that accounts for the financing of goods or services provided by one department or agency to other departments or agencies of the governmental unit, or to other governmental units, on a cost-reimbursable basis. Some examples of internal service funds could include self-insurance funds, central warehousing and purchasing, central data processing, and central printing and duplicating.

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