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U.S. Office of Personnel Management - Recruiting, Retaining and Honoring a World-Class Workforce to Serve the American People

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http://www.opm.gov/FAQS/QA.aspx?fid=c0d35c56-3950-4013-9e75-a867bf94b5a3&pid=e6041361-f74d-4e11-b9ee-c6fd764e2305

Are there any limits to the number of hours that can be granted as a time-off award?

There are no Governmentwide limits on granting time-off awards. However, agencies should establish their own guidelines and limitations on how much time off is appropriate for various employee contributions. In addition, establishing overall periodic limits can be useful for preserving the integrity of the time-off award program, preventing abuse and/or criticism, and ensuring consistent application.

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