Search Results for keywords:"Grants and Agreements"

Found 2 results

Search Results: keywords:"Grants and Agreements"

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  • 2020-27613 — Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
    Type:Rule
    Citation:86 FR 1253
    Reading Time:about 2 minutes

    The Gulf Coast Ecosystem Restoration Council has issued a final rule to update its regulations on administrative and financial requirements for federal awards. This update aligns its rules with recent changes made by the Office of Management and Budget (OMB) regarding grants and agreements. The changes, which are aimed at reducing the administrative burden and risk of waste or fraud, will take effect on February 8, 2021. The rule does not require data collection and is not subject to the Regulatory Flexibility Act.

    Simple Explanation

    The Gulf Coast Ecosystem Restoration Council made some new rules so that their money-giving process matches with the latest rules from the "parent" rule-makers. These changes help keep things fair and safe, but they didn't explain all the little details about how they'll do it.

  • 2024-29545 — Revision to Subject Matter
    Type:Rule
    Citation:89 FR 101463
    Reading Time:less than a minute

    The Office of the Federal Register has updated the subject matter of title 2 in the Code of Federal Regulations. Previously titled “Grants and Agreements,” it will now be called “Federal Financial Assistance.” This change aims to better reflect the content and purpose of the regulations under this section, and it takes effect on December 16, 2024.

    Simple Explanation

    The rules for how the government gives out money to help with projects are getting a new name. Instead of calling it "Grants and Agreements," it will now be called "Federal Financial Assistance," which sounds more like what these rules are really about.