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 deadline. Since then, OMB has been consulting with agency officials in developing a draft of the proposed changes. Once released in the Federal Register, the public will have a sixty day window to submit further comments. OMB will review those comments and incorporate appropriate changes before releasing a final version.
Management Concepts is watching the developments at OMB very closely, as any proposed changes will significantly change the landscape of grants management. Please note that the next action OMB takes will only be a draft, and will not have an immediate impact. The Grants Blog will be updated as soon as OMB does release the draft super circular.
To view the February Advanced Notice and all submitted comments, click here.