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02-20257 Grants Streamlining Activities Under Public Law 106-107, Federal Financial Assistance Management Improvement Act of 1999 Notice This Notice precedes five additional notices that relate to the interagency grants streamlining effort, prepared jointly by the Office of Management and Budget (OMB) staff and the interagency groups dedicated to implementing Public Law (Pub. L.) 106-107, the Federal Financial Assistance Management Improvement Act of 1999. This first Notice provides background and contextual information for the next five notices, which: <bullet> Propose revisions to Office of Management and Budget (OMB) Circular A-133, "Audits of States, Local Governments, and Non-Profit Organizations," <bullet> Provide information about the OMB decision to not revise OMB Circular A-110, "Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations," based on comments relating to the May 1, 2000, Advanced Notice of Proposed Revision; <bullet> Propose a standard format for Federal agency use in announcing discretionary grant and cooperative agreement funding opportunities; <bullet> Propose standard data elements for Federal agency use in creating grant funding opportunity announcement summaries, to be used under the E-Grants initiative for its "E-FIND" option; and <bullet> Propose revisions to three OMB circulars (A-21, "Cost Principles for Educational Institutions;" A-87, "Cost Principles for State, Local and Indian Tribal Governments;" and A-122, "Cost Principles for Non-Profit Organizations)" to clarify ambiguous language, thereby preventing inconsistent interpretations of similar cost items across the three circulars. 2002-08-12 2002 8 https://www.federalregister.gov/documents/2002/08/12/02-20257/grants-streamlining-activities-under-public-law-106-107-federal-financial-assistance-management https://www.govinfo.gov/content/pkg/FR-2002-08-12/pdf/02-20257.pdf Management and Budget Office 280 This Notice precedes five additional notices that relate to the interagency grants streamlining effort, prepared jointly by the Office of Management and Budget (OMB) staff and the interagency groups dedicated to implementing Public Law (Pub. L.)...

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