NACUBO

My NacuboWhy Join: Benefits of Membership

E-mail:   Password:   

 Remember Me? | Forgot password? | Need an online account?

Initiatives
Initiatives
Loading

Cost Principles for Educational Institutions (OMB Circular A-21)

Federal Register, August 31, 2005, Page 51880-51909

Agency

Office of Management and Budget

Action

Relocation of policy guidance to 2 CFR chapter II

Summary

The Office of Management and Budget (OMB) is relocating OMB Circular A-21, ``Cost Principles for Educational Institutions,'' to Title 2 in the Code of Federal Regulations (2 CFR), subtitle A, chapter II, part 220. This relocation is part of our broader initiative to create 2 CFR as a single location where the public can find both OMB guidance for grants and agreements and the associated Federal agency implementing regulations. The broader initiative provides a good foundation for streamlining and simplifying the policy framework for grants and agreements, one objective of OMB and Federal agency efforts to implement the Federal Financial Assistance Management Improvement Act of 1999 (Pub. L. 106-107).

Furthermore, this document makes changes to 2 CFR part 215, Uniform Administrative Requirements for Grants and Agreements With Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations (OMB Circular A-110). The changes will add to part 215 new references to 2 CFR parts 220, 225, and 230 for the cost principles in OMB Circulars A-21, A-87, and A-122, respectively; will update part 215 to include a citation for the Social Security Administration's grant regulation; and will correct part 215 to add the amendatory language of A-110 published on October 8, 1999, and to correct a typographic error.

Dates

This document is effective August 31, 2005. This document republishes the existing OMB Circular A-21, which already is in effect.

Further Information

Gil Tran, Office of Federal Financial Management, Office of Management and Budget, telephone (202) 395-3052 (direct) or (202) 395-3993 (main office) and e-mail Hai_M._Tran@omb.eop.gov.

TextPDF