Federal Register #2026-22649

LSC final rule updates recipient cost, procurement, and property-management standards

The Legal Services Corporation (LSC) issued a final rule updating requirements for organizations that receive LSC funding. - Government buyer: Legal Services Corporation (LSC); no sub-agency or office is specified. - This is a regulatory action, not a solicitation or contract award. - The rule revises cost allowability, prior approval, procurement, and property-management standards for LSC recipients. - It raises the prior-approval threshold to $50,000 and clarifies how the threshold applies to contracts and LSC-funded costs. - Other requirements address fundraising proceeds, documentation and review of approval requests, and accounting for LSC-funded real estate. - No OEMs, vendors, products, quantities, or services are identified.

Description

This final rule revises Legal Services Corporation regulations on cost allowability, prior approval requirements, and property and procurement standards for LSC recipients. It clarifies when prior approval is required and raises the prior-approval threshold to $50,000. It also clarifies treatment of fundraising proceeds, documentation and review of approval requests, and requirements and deadlines for accounting for LSC funds invested in real estate. The amendments aim to reduce administrative burden and strengthen consistent oversight and accountability in the use of Federal funds.

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