Financial management

March 21, 2020

Dear OJP Award Recipients—

On March 19, 2020, the Office of Management and Budget (OMB) issued OMB memorandum M-20-17, “Administrative Relief for Recipients and Applicants of Federal Financial Assistance Directly Impacted by the Novel Coronavirus (COVID-19) due to Loss of Operations,” affording Federal awarding agencies with additional flexibilities to provide administrative relief to funding recipients affected by the loss of...

Regional Financial Management Training Seminars

Monthly Regional Financial Management Training Seminars are available for anyone involved in financial administration of formula or discretionary grant programs administered by OJP.  The sessions include application process, procurement, methods of payment, matching requirements, financial reporting, indirect costs, confidential funds, program income, up-to-date information on grant-related financial regulations and Office of Management and Budget circulars, and hand-on exercises.  The seminars...

Background

• On December 26, 2014, the Office of Management and Budget (OMB) published the Uniform Guidance: Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards in the Federal Register.
• Uniform Guidance, sometimes referred to as the “Supercircular” or “Omnicircular” provides a streamlined government-wide framework for grants administration and management that consolidates requirements from eight OMB Circulars.
• The Uniform Guidance was the result of...