February 27, 2012
The Office of Management and Budget (OMB) announced its intent to issue an Advanced Notice of Proposed Guidance (ANPG) on Circular A-21, the government publication which governs cost recovery associated with grant-making. This is a follow-on effort to the White House’s interagency Circular A-21 Task Force. The ANPG will seek comments on initial reform proposals OMB has identified based on feedback from the Task Force and other groups, including guidelines on audit procedures and indirect cost rates. OMB will then follow up with another public request for comment later in the year outlining specific revisions to Circular A-21 and other relevant circulars.