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Posted by on Dec 11, 2012

Super Circular Update

Only a few weeks remain of 2012 and OMB still has not indicated when the draft super circular will be released. While rumors seemed to indicate OMB was on the verge of releasing the draft regulations a month ago, there have not been any new developments. Management Concepts is hearing that individuals who have seen […]

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Posted by on Dec 3, 2012

Senate Adopts Whistleblower Protections for Grantees

Last week, the Senate agreed to an amendment to the Defense Authorization Act designed to strengthen whistleblower protections for employees of contractors, subcontractors and grantees. The amendment prohibits employers from firing or punishing employees who report abuse, waste, or fraud relating to Federal grants or contracts. Individuals believing that they have been punished by an […]

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Posted by on Nov 2, 2012

Is OMB Close to Releasing a Draft “Super Circular?”

Rumors abound that OMB is on the verge of releasing the draft “super circular” of changes to federal grant policy. In February, OMB issued an Advanced Notice of Proposed Guidance recommending changes to the administration of federal grants, costs principles, and A-133 audit requirements. Over 300 comments were submitted to OMB by the April 30th […]

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Posted by on Oct 31, 2012

Nation Faces Sequestration

The presidential election is a week away, and the winning candidate will immediately face a dire economic situation known as “The Fiscal Cliff.” This term applies to numerous budgetary factors all occurring simultaneously at the end of this calendar year. These factors include sequestration, the expiration of the 2001 and 2003 tax breaks, and the […]

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Posted by on Oct 1, 2012

New DATA Act Introduced in the Senate

Senator Mark Warner (D-VA) introduced a new version of the DATA Act (S.3600) after the previous version passed the House but died in the Senate.   This version differs in several ways from the previously introduced version, including a new design for the accountability board. This new version eliminates the creation of an independent board which […]

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