3.4.  Limited Warrants.

Limited warrants may be issued for any monetary threshold depending upon organizational needs1, the qualifications and capabilities of the candidate, and in furtherance of the candidate's career development. Limited warrants may be issued for specific functions (e.g., contract closeout, defective pricing actions, and funding actions, etc.). Successful completion of the warrant test signifies eligibility for a limited warrant above the SAT but less than $5M. The warrant test is optional for limited functional warrants (see Para. 3.3.11). If local procedures require a test for limited functional warrants, then successful completion of the warrant test signifies eligibility for a limited functional warrant. Use of a formal warrant board for limited warrants of less than $5M, and/or limited functional warrants, is authorized for inclusion in local procedures at the discretion of the SCO/SCCO.

_________________________________________________________________________________________
1 The value of the instant action (versus the value of the contract the action is against) or the type of action (for functional warrants) determines whether or not a limited warranted CO has authority to execute the action.