[Federal Register Volume 63, Number 207 (Tuesday, October 27, 1998)] [Notices] [Page 57332] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-28704] [[Page 57332]] ======================================================================= ----------------------------------------------------------------------- OFFICE OF MANAGEMENT AND BUDGET OMB Circular A-21, Cost Principles for Educational Institutions AGENCY: Office of Management and Budget, Executive Office of the President. ACTION: Final Revision. ----------------------------------------------------------------------- SUMMARY: The Office of Management and Budget (OMB) is adopting the interim final revision to OMB Circular A-21, ``Cost Principles for Educational Institutions,'' to allow trustees' travel expenses. DATES: Effective November 27, 1998. FOR FURTHER INFORMATION CONTACT: Gilbert Tran, Financial Standards and Reporting Branch, Office of Federal Financial Management, Office of Management and Budget, at (202) 395-3993. Non-Federal organizations should contact the organization's cognizant Federal agency. The revised Circular is available on the OMB Home Page at http:// www.whitehouse.gov/WH/EOP/omb, as well as from the EOP Publications Office at (202) 395-7332. SUPPLEMENTARY INFORMATION: On June 1, 1998 (63 FR 29786), the Office of Management and Budget (OMB) issued an interim final revision to OMB Circular A-21, ``Cost Principles for Educational Institutions,'' to allow trustees' travel expenses. Only two comments were received in response to the interim final revision; both supported the revision. Accordingly, OMB is adopting in final form, without change, the interim final revision to Circular A-21 which was published at 63 FR 29786 on June 1, 1998. Jacob J. Lew, Director. OMB hereby revises Section J.50 of OMB Circular A-21 to read as follows: 50. Trustees. Travel and subsistence costs of trustees (or directors) are allowable. The costs are subject to restrictions regarding lodging, subsistence and air travel costs provided in Section 48. [FR Doc. 98-28704 Filed 10-26-98; 8:45 am] BILLING CODE 3110-01-P