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, for State, Local, and Indian Tribal Governments and for Non-Profit Organizations

Federal Register, August 12, 2002, Page 52558-52560

Agency

Office of Management and Budget.

Action

Proposed revisions to Office of Management and Budget (OMB) cost principles' Circulars A-21, A-87, and A-122. (Cost Principles for Educational Institutions, for State, Local, and Indian Tribal Governments and for Non-Profit Organizations.)

Summary

OMB proposes to amend OMB cost principles A-21, A-87, and A-122. These changes are intended to further the objectives of Public Law (Pub. L.) 106-107, the Federal Financial Assistance Management Improvement Act. On May 18, 2001, agencies working with OMB published a plan to implement Pub. L. 106-107. The plan included a proposal to simplify the cost principles to make the descriptions of similar cost items consistent with one another where possible, thus reducing the possibility of misinterpretation.

Dates

All comments on this proposal should be in writing and must be received by October 11, 2002.

Further Information

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

TextPDF