Overview - Grants Streamlining Activities Under Public Law 106-107, Federal Financial Assistance Management Improvement Act of 1999
Federal Register, August 12, 2002, Page 52543-52545
Office of Management and Budget.
Notice. Grants Streamlining Activities Under Public Law 106-107, Federal Financial Assistance Management Improvement Act of 1999
This Notice precedes five additional notices that relate to the interagency grants streamlining effort, prepared jointly by the Office of Management and Budget (OMB) staff and the interagency groups dedicated to implementing Public Law (Pub. L.) 106-107, the Federal Financial Assistance Management Improvement Act of 1999. This first Notice provides background and contextual information for the next five notices, which:
Propose revisions to Office of Management and Budget (OMB) Circular A-133, "Audits of States, Local Governments, and Non-Profit Organizations,"
Provide information about the OMB decision to not revise OMB Circular A-110, "Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations," based on comments relating to the May 1, 2000, Advanced Notice of Proposed Revision;
Propose a standard format for Federal agency use in announcing discretionary grant and cooperative agreement funding opportunities;
Propose standard data elements for Federal agency use in creating grant funding opportunity announcement summaries, to be used under the E-Grants initiative for its ``E-FIND'' option; and
Propose revisions to three OMB circulars (A-21, "Cost Principles for Educational Institutions;" A-87, "Cost Principles for State, Local and Indian Tribal Governments;" and A-122, "Cost Principles for Non-Profit Organizations)" to clarify ambiguous language, thereby preventing inconsistent interpretations of similar cost items across the three circulars.
Elizabeth C. Phillips, Office of Federal Financial Management, Office of Management and Budget, telephone 202-395-3053 (direct) or 202-395-3993 (main office) and e-mail: firstname.lastname@example.org.