The Office of Management and Budget (OMB) and the Council on Financial Assistance Reform (COFAR) have announced that the reform to OMB Guidance, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,” is available for public inspection on the Federal Register on December 19, 2013. The guidance will be published in the December 26, 2013 edition of the Federal Register. The guidance, known as the Super Circular, combines requirements from OMB Circulars A-21, A-110, and A-133, as well as A-50, A-87, A-89, A-102, and A-122.
COFAR will host a webinar on December 20 at 8:45 a.m. Pacific time to discuss the new guidance. See the COFAR web site to register.
COFAR has recommended that federal agencies coordinate under OMB’s guidance to issue regulations or OMB-reviewed guidance in unison, effective one year from the publication of the final guidance on December 26.