[Federal Register Volume 82, Number 94 (Wednesday, May 17, 2017)]
[Rules and Regulations]
[Page 22609]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-09909]



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 Rules and Regulations
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  Federal Register / Vol. 82, No. 94 / Wednesday, May 17, 2017 / Rules 
and Regulations  

[[Page 22609]]



OFFICE OF MANAGEMENT AND BUDGET

2 CFR Part 200


Uniform Administrative Requirements, Cost Principles, and Audit 
Requirements for Federal Awards

AGENCY: Executive Office of the President, Office of Management and 
Budget.

ACTION: Correcting amendment to continue delay of implementation date.

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SUMMARY: The Office of Management and Budget (OMB) is updating the 
final guidance that appeared in the Federal Register on December 26, 
2013. Guidance on the effective/applicability date is revised to allow 
a grace period of one additional fiscal year for non-Federal entities 
to implement changes to their procurement policies and procedures in 
accordance with guidance on procurement standards. Other requirements 
in the section remain unchanged.

DATES: 
    Effective date: May 17, 2017.
    Implementation date: For all non-Federal entities, there is an 
additional one-year grace period for implementation of the procurement 
standards in 2 CFR 200.317 through 200.326. This means the grace period 
for non-Federal entities extends through December 25, 2017, and the 
implementation date for the procurement standards will start for fiscal 
years beginning on or after December 26, 2017.

FOR FURTHER INFORMATION CONTACT: Rhea Hubbard or Gil Tran, Office of 
Federal Financial Management, [email protected] or 
[email protected], or via telephone at (202) 395-3993.

SUPPLEMENTARY INFORMATION: This is a summary of OMB's Erratum, 2 CFR 
part 200 released on December 26, 2013.
    Previous revisions were published in the Federal Register on 
December 19, 2014 (79 FR 75871) and September 10, 2015 (80 FR 54407). 
This document augments those revisions that were published in the 
Federal Register on September 10, 2015 (80 FR 54407).

List of Subjects in 2 CFR Part 200

    Accounting, Auditing, Colleges and universities, State and local 
governments, Grant programs, Grants administration, Hospitals, Indians, 
Nonprofit organizations, Reporting and recordkeeping requirements.

Mark Reger,
Deputy Controller.

    Under the authority of the Chief Financial Officers Act of 1990 (31 
U.S.C. 503), the Office of Management and Budget amends 2 CFR part 200 
as follows:

PART 200--UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND 
AUDIT REQUIREMENTS FOR FEDERAL AWARDS

0
1. The authority citation for part 200 continues to read as follows:

    Authority: 31 U.S.C. 503.


0
2. In Sec.  200.110, revise paragraph (a) to read as follows:


Sec.  200.110  Effective/applicability date.

    (a) The standards set forth in this part that affect the 
administration of Federal awards issued by Federal awarding agencies 
become effective once implemented by Federal awarding agencies or when 
any future amendment to this part becomes final. Federal awarding 
agencies must implement the policies and procedures applicable to 
Federal awards by promulgating a regulation to be effective by December 
26, 2014, unless different provisions are required by statute or 
approved by OMB. For the procurement standards in Sec. Sec.  200.317 
through 200.326, non-Federal entities may continue to comply with the 
procurement standards in previous OMB guidance (as reflected in Sec.  
200.104) for a total of three fiscal years after this part goes into 
effect. As such, the effective date for implementation of the 
procurement standards for non-Federal entities will start for fiscal 
years beginning on or after December 26, 2017. If a non-Federal entity 
chooses to use the previous procurement standards for all or part of 
these three fiscal years before adopting the procurement standards in 
this part, the non-Federal entity must document this decision in its 
internal procurement policies.
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[FR Doc. 2017-09909 Filed 5-16-17; 8:45 am]
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