What is the OMB super circular?

What is the OMB super circular?

The Super Circular combines eight previous federal regulations into comprehensive guidance codified at 2 Code of Federal Regulations (CFR) Part 200 (Subparts A – F). These changes will improve administration of federal grant operations from the new uniform application process to the ‘close-out’ process.

Has OMB Circular A-87 been replaced?

The Cost Principles for Nonprofits (OMB Circular A-122, codified at 2 C.F.R. Part 230), State Local and Tribal Governments (OMB Circular A-87, codified at 2. C.F.R. Part 220) are also being superseded by the new provisions of the Supercircular.

Is OMB Circular A-21 still in effect?

Circular A-21 was last amended in 1991 and 1993 (56 FR 50224 of 10/1/91 and 58 FR 39996 of 7/15/93, respectively). The 1991 revisions made certain specified costs unallowable for Federal reimbursement and placed a limit on the amount of reimbursable administrative costs.

What is the UPI code for OMB Circular A-11?

Section 53 of OMB Circular A-11 defines the Unique Project ID (UPI) code associated with each investment as summarized below. First 3 digits – Department code, “006” for Commerce Fourth and fifth digits – Operating unit code]

Is there an appendix to the OMB Circular?

Appendix C: Discount Rates for Cost-Effectiveness, Lease-Purchase, and Related Analyses for OMB Circular No. A-94 (12/21/2020) Table of Past Years Discount Rates from Appendix C of OMB Circular No. A-94 (12/21/2020) (2 pages, 53 KB) Memorandum, 2021 Discount Rates for OMB Circular No.

When to submit exhibit 300 to OMB exhibit 53?

Exhibit 53s for the whole Department are submitted in September and January to OMB. The information in the Exhibit 300 and Exhibit 53 is also used to verify the data in the Exhibit 52 for financial systems and the Federal Information Security Management Act (FISMA) report on security expenditures for IT systems.

When was the OMB Circular A-122 issued?

OMB Circular A-122, Cost Principles for Non-Profit Organizations (05/10/2004) (55 pages, 220 kb), Relocated to 2 CFR, Part 230 (17 pages, 235 KB) Note: Portions of this policy have been modified by M-17-26, Reducing Burden for Federal Agencies by Rescinding and Modifying OMB Memoranda, issued June 15, 2017.