DA Form 5070. Justification Statement for .0015 Contingency Funds

Form DA 5070 is a Justification Statement for .0015 Contingency Funds. This form is used to justify the use of contingency funds for a specific purpose or project within the Army. The purpose of this form is to provide a clear and detailed explanation of why the contingency funds are necessary and how they will be used.

The form consists of sections where the responsible party provides information about the project or activity requiring the use of contingency funds, the estimated costs, and the potential impact of not funding the project. The form may also include sections for documenting the approval process and any additional remarks or supporting documentation.

Important fields in this form include a thorough justification for the use of contingency funds, including the need for the funds, the specific purpose or project they will be used for, and the expected outcomes or benefits. Justifying the use of contingency funds is crucial for ensuring transparency and accountability in financial decision-making.

Application Example: A unit requires additional funds to repair critical equipment that was damaged during a training exercise. The unit's commanding officer uses Form DA 5070 to justify the need for contingency funds, outlining the equipment's importance, the estimated repair costs, and the impact of not funding the repairs.

Related Forms: There may be other forms used for requesting and justifying various types of funding and financial resources within the Army.