Posts Tagged ‘2 CFR Part 176’

OMB Amends 2 CFR Part 176

Wow, it’s been a busy week in the area of grants management…

On March 25, OMB amended 2 CFR Part 176 – the award term for the Recovery Act – to reflect changes in U.S. policy regarding Buy America requirements as they relate to international agreements with certain countries. Specifically, OMB has amended the threshold that applies to international Buy America agreements, added an international agreement to the Buy America policy, and added a country to an existing agreement.

If you’re interested, you can view the Federal Register announcement here.

And remember, all of these changes I’ve discussed in my recent blogs are covered in our Federal Grants Update course. To view dates and locations, click here.

Here’s an Update on Federal Grants Update 2010

Information about Management Concepts’ annual Federal Grants Update seminar is now available.

This year we’ll be discussing transparency and accountability, audits, standard forms, and more.

These one-day classes start the first week in April and run throughout the summer in cities around the country. Click here to see dates, locations, topics, and registration options.

2 CFR Part 176 in Today’s FR

Just a quick note for those of you interested in the Recovery Act. OMB published 2 CFR Part 176 – the requirements for grant and assistance reporting, Buy America and Davis Bacon – as interim final guidance in today’s Federal Register. Comments are being accepted until June 22.

To read the announcement, click here.