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Office of Management & Budget Releases Super Circular

The Office of Management and Budget (OMB) has released the super circular for public inspection. Federal Agencies have six months from December 26th to issue regulations implementing this guidance. Those regulations will be effective one year from the December 26, 2013 publication date and will apply to federal awards issued after December 26, 2014. The regulations will supersede and streamline requirements from OMB Circulars A-21, A-87, A-110, and A-122; Circulars A-89, A-102, and A-133; and the guidance in Circular A-50 on Single Audit Act follow-up.

Published on Friday, December 20, 2013