The Office of Management and Budget just published a notice in the Federal Register asking for public comment on potential reforms to federal grant policies contained in OMB circulars such as A-21, A-133, and A-122. These include ideas that would standardize information collection across agencies, adopt a risk-based model for single audits, and provide new administrative approaches for determining and monitoring the allocation of federal funds. These ideas reflect the input of a number of groups that have been considering these issues over the past few months, including the A-21 Task Force, which I have mentioned here before.
I encourage you to read the notice in full. To give you an idea of the scope of the proposed reform, here are some of the ideas discussed:
You can submit comments at http://www.regulations.gov. The comment period closes on March 29, 2012.
Read the original post on the Extramural Nexus Rock Talk here.
I encourage you to read the notice in full. To give you an idea of the scope of the proposed reform, here are some of the ideas discussed:
- Exploring alternatives to time-and-effort reporting requirements for salaries and wages
- Charging directly allocable administrative support as a direct cost Including the cost of certain computing devices as allowable direct cost supplies
- Consolidating the cost principles into a single document, with limited variations by type of entity
- For indirect (“facilities and administrative”) costs, using flat rates instead of negotiated rates
You can submit comments at http://www.regulations.gov. The comment period closes on March 29, 2012.
Read the original post on the Extramural Nexus Rock Talk here.
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