ASAP definition
Examples of ASAP in a sentence
Requests for reimbursements must be submitted via the ASAP system.
If prior Agency payment approval is in effect for an award, the ASAP system will notify the FA Recipient when they submit a request for payment.
To receive payments, Recipients are required to enroll with the Department of Treasury, Financial Management Service, and Regional Financial Centers, which allows them to use the on-line method of withdrawing funds from their ASAP established accounts.
Unless otherwise stated, Recipient payments are made using the Department of Treasury’s Automated Standard Application for Payment (ASAP) system, ▇▇▇▇.▇▇▇, through preauthorized electronic funds transfers.
The following information is required to make ASAP withdrawals: (1) ASAP account number – the award number found on the cover sheet of the award; (2) Agency Location Code (ALC) – 31000001; and Region Code.