A Birthday and a Proposal — Wow, What a Day!

February 1, 2013 | By Jerry Ashworth | Post a Comment

Well, folks, we in the Thompson grants group are all atwitter (or as amped up as you can be in at a relatively quiet publishing company) today because we are marking not one, but two special occasions.

First off, I’m proud to announce that our little blog — Funding Attractions — is now two years old! We’ve passed the crawling stage and we’re fully walking now. That’s not to say we haven’t had any changes along the way. Adrianne Fielding, who was instrumental in launching this blog, has moved on to other positions in the grants community, while my colleague Liza Casabona is now covering other topics. I have been keeping the blog moving forward and soon hope to be joined by my managing editor Karen Norris, who is working tirelessly to launch some new products on our grants development side of the house.

We certainly hope you’ve enjoyed keeping abreast of events in the grants world through Funding Attractions, and we look forward to another year. And most importantly, we welcome your comments and feedback because we want this blog to serve as a dialog to find out what is important to you.

However, this is no time to stop to cut the cake. The Office of Management and Budget has issued a notice on the long-awaited proposed grants reform guidance in the Federal Register. This notice provides a link to the 244-page full-text version of the proposed grants guidance titled “Proposed OMB Uniform Guidance for Federal Financial Assistance.” To assist stakeholders in determining what has changed, OMB has provided a 9-page crosswalk from existing guidance to the proposed guidance. It also has provided a crosswalk chart that compares the proposed guidance to predominant source of language in existing guidance; an administrative requirements text comparison; a cost principles text comparison; an audit requirements text comparison; and a definitions text comparison.

As we noted in a blog post earlier this week, OMB will also host an informational webinar on the proposed guidance with members of the grant community on Friday, Feb. 8 at 11 a.m. EST.  A link to the webinar will be available on the Chief Financial Officers Council website (http://cfo.gov/) and no advance registration is required. If you miss that webinar, OMB notes that a recorded version will also be available for later viewing.

Although this is a long document and the changes to current regulations are plentiful, it is critical that all stakeholders take the time to review the document and let OMB know their comments and concerns. Comments on the proposed guidance must be sent to Regulations.gov no later than 12 a.m. EST on May 2. I myself am now going to start wading through this proposal and will issue future posts on key changes that I find interesting and will seek your feedback on them. Also, look to Thompson’s grants publications and Thompson’s Grants Compliance Expert to provide you with a roundup and analysis on the proposed guidance.

Things don’t get much more exciting around here!

Let us know your reaction to potential changes the proposed guidance and what it may mean for you and others in the grants community. We’d love to hear from you.

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