Federal Register #2026-10817

OMB Proposed Rule Revising Guidance for Federal Financial Assistance

This opportunity involves a proposed rule from the Office of Management and Budget (OMB) to revise federal guidance for financial assistance: - Government Buyer: - Office of Management and Budget (OMB), in coordination with numerous federal grant-making agencies (e.g., Department of Health and Human Services, Department of Defense, Department of Education, Department of Energy, and others) - Scope of Solicitation: - Regulatory update to the Guidance for Federal Financial Assistance - Affects management of grants, cooperative agreements, and other federal assistance - Key Objectives: - Enhance transparency, accountability, and oversight for federal awards - Ensure alignment with law and policy - Uphold principles of equality and equal opportunity - Eliminate unlawful discrimination - Clarify regulatory status and reduce recipient burden - Requirements: - Agencies must update their regulations or establish new policies to conform with the revised guidance - No products, part numbers, or purchase quantities are requested; this is a policy and regulatory change, not a procurement of goods or services - No OEMs or vendors are specified, as this is not a product or service acquisition - The changes will impact federal grant management processes across all participating agencies

Description

The Office of Management and Budget (OMB) proposes to revise the Guidance for Federal Financial Assistance to improve government-wide policies and requirements related to the management of grants, cooperative agreements, and other forms of assistance. The revisions aim to enhance transparency, accountability, and oversight for Federal awards across the Federal Government, ensuring that taxpayer dollars are not wasted or misused and that recipients are held accountable. The proposed changes also seek to uphold principles of equality and equal opportunity throughout the award process and to reduce recipient burden. Various Federal grant-making agencies will make conforming changes to their regulations or establish new policies accordingly.

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