Category Archives: OMB Circulars and Regulations

Looking Back at Our Grants Predictions for 2017

As we now enter the holiday season, this provides us a great opportunity to look back at the previous year pertaining to grants. Last December, we came out with a blog post discussing what we expected to be some of…

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Looking Forward to Reviews Slated for 2018

We here at Thompson are always trying to keep an eye on the future of grants and as we prepare to head into 2018, we are very curious to see what will develop as two provisions of the Office of…

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Sneak Preview: OMB Assessing Uniform Guidance Revisions Stemming from New Laws

(The following was excerpted from a recent article in the Federal Grants Management Handbook.) The Office of Management and Budget (OMB) is evaluating how several federal laws will necessitate changes to the uniform grant guidance, an OMB grants official told…

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Heading Out To Find Grants Updates at Local Events

In honor of the old Willie Nelson song, we’re on the road again. We’ll be spending the next couple of days outside the office to cover some interesting events around the D.C. area, which could provide some valuable information for…

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Sneak Preview: OMB Allows Agencies To Adjust Rules For Entities Hit by Hurricanes

(The following was excerpted from a recent article in the Federal Grants Management Handbook.) The Office of Management and Budget (OMB) has issued a memorandum to federal agencies that would allow them discretion to amend certain pre-award and post-award federal…

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Sneak Preview: Revised FAQ Answers Numerous New Single Audit Questions

(The following was excerpted from a recent article in the Single Audit Information Service.) Nonfederal entities that have a single audit performed under Subpart F of the Office of Management and Budget’s (OMB) uniform grant guidance may not allow their…

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Sneak Preview: DATA Act Compliance Is Vital for OIG Reviews

(The following was excerpted from a recent article in the Federal Grants Management Handbook.) As engagement teams from federal agency Offices of Inspector General (OIGs) this fall review how well the agencies are reporting financial information in compliance with data…

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Still Waiting To Read the 2017 Compliance Supplement by Part

Television commercials can often generate the greatest expressions. Lately, I’ve been thinking about a 1980s-era Wendy’s commercial where they feature the tagline “Parts is parts!” Why? Just consider where we stand with the 2017 Office of Management and Budget Compliance…

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What a Week! OMB Releases Three Key Documents

As is our annual tradition, when the Office of Management and Budget releases its Compliance Supplement, we halt the presentation of the snail pictures and offer up some fireworks. This year is no different. However, I feel like we should…

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A Year Later, OMB Issues Revision to Uniform Guidance FAQ

You would normally think August would be a good time to ease off on big news from the financial assistance front. Not so much, it seems. Still, we’re definitely not complaining.

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