Federal Register #2026-08387

Proposed Rule Updating Cost and Procurement Standards for LSC Grant Recipients

The Legal Services Corporation (LSC) is proposing updates to its regulations for grant recipients regarding cost allowability and procurement procedures. - Government Buyer: - Legal Services Corporation (LSC) - OEMs and Vendors: - No commercial OEMs or vendors are specified; the rule pertains to LSC and its grant recipients - Products/Services Requested: - No specific products or services are being procured - The rule revises standards for cost allowability, prior approval, and procurement for LSC-funded entities - Notable Requirements: - Raises the prior approval threshold for purchases, leases, and contracts from $25,000 to $50,000 - Clarifies treatment of fundraising proceeds - Revises accounting submission deadlines to align with recipients' fiscal years - Provides flexibility in review timelines for complex requests - Specifies documentation requirements for procurement actions - Focuses on regulatory compliance, grant management, and property acquisition/reporting standards for LSC-funded entities

Description

This proposed rule revises the Legal Services Corporation's (LSC) regulations governing cost allowability, prior approval requirements, and property and procurement standards applicable to LSC recipients. The amendments aim to clarify existing requirements, reduce administrative burden, promote consistent oversight and enforcement, and strengthen accountability in the use of federal funds. Key changes include increasing the prior approval threshold from $25,000 to $50,000, clarifying treatment of fundraising proceeds, and revising accounting submission deadlines. The rule seeks to improve clarity and efficiency in LSC grant management.

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