DAFORMFILLABLE.COM | DA FORM 5755 Fillable – Army Pubs 5755 PDF – DA Form 5755, titled “Consignment Agreement (Nonappropriated Funds),” is a crucial document used within the U.S. Army to formalize the consignment of goods or services managed through nonappropriated funds (NAFs). As of its latest update on June 1, 2021, this form ensures that all parties involved adhere to a standardized agreement that safeguards the interests and responsibilities of each participant.
DA FORM 5755 – Consignment Agreement (Nonappropriated Funds)
| Form Number | DA Form 5755 |
| Form Title | Consignment Agreement (Nonappropriated Funds) |
| Form Date | 06/01/2021 |
| Form Proponent | G-9 |
Purpose of the DA Form 5755
What is a Consignment Agreement?
A consignment agreement is a type of contract where one party (the consignor) provides goods to another party (the consignee) without immediate transfer of ownership. The consignee agrees to sell the goods on behalf of the consignor, typically earning a commission upon sale. The DA Form 5755 is tailored to situations involving nonappropriated funds, which are distinct from the funds collected through taxation and allocated by Congress.
Role of Nonappropriated Funds
Nonappropriated funds are generated through various activities within military installations, such as retail operations, services, and recreational facilities. These funds are crucial for supporting the morale, welfare, and recreational programs that enhance the quality of life for military personnel and their families.
Key Features of DA Form 5755
Compliance with AR 215-4
The form adheres to the guidelines specified in AR 215-4, the regulation that governs nonappropriated fund instrumentalities and activities. Compliance ensures that all consignment transactions are conducted ethically and in accordance with established military policies.
Document Specifics
- Form Number: DA Form 5755
- Publication Date: June 1, 2021
- Form Proponent: G-9
- Status: Active
- Security Classification: Unclassified
- Distribution Restriction: Approved for public release; distribution is unlimited
This form supersedes the previous version dated December 1, 2004, reflecting updated practices and regulations.
How to Use DA Form 5755
Filling Out the Form
To correctly complete DA Form 5755, the consignor and consignee must clearly outline the terms of the agreement, including:
- Duration of the consignment
- Pricing strategies
- Commission rates
- Responsibilities and obligations of both parties
When to Use the Form
This form is particularly relevant when military units or organizations wish to engage in the sale of goods through activities funded by nonappropriated funds. It provides a structured framework that ensures all financial activities are transparent and accountable.
Benefits of Using DA Form 5755
Utilizing DA Form 5755 for consignment transactions within the military’s nonappropriated fund activities offers several benefits:
- Clear guidelines and responsibilities for both consignor and consignee
- Protection of interests for all involved parties
- Enhanced transparency and accountability in financial transactions
Conclusion
DA Form 5755 serves as a vital tool for managing consignment agreements involving nonappropriated funds within the U.S. Army. By adhering to the stipulations of this form, military organizations can ensure that their consignment transactions are conducted smoothly, ethically, and in compliance with military regulations. For anyone engaged in or planning to engage in such agreements, understanding and correctly implementing DA Form 5755 is essential to achieving success and maintaining integrity in their professional activities.
DA FORM 5755 Fillable – Army Pubs 5755 PDF DOWNLOAD
