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OMB Proposes Better Process for Applying for, Awarding Federal Grants
The Office of Budget and Management published a set of proposed reforms to streamline the federal grant process by consolidating the multiple federal regulations with duplicative requirements into a single, comprehensive uniform policy guide. The office hopes to augment efficiency and effectiveness, strengthen oversight and reduce fraud and waste, which is a growing concern. The proposal includes specific recommendations to reform administrative requirements, cost principles, and audit requirements and is open for comment through May 2, 2013. Read more...