On October 26, 2021, the U.S. Office of Management and Budget published OMB Memorandum M-22-02, New Financial Assistance Transparency Reporting Requirements. The memorandum primarily addresses two items:
Consistent with the Grants Management Business Standards, M-22-02 sets a series of mandatory and optional reporting deadlines for grants, cooperative agreements, and new financial assistance awards. In addition, the memorandum requires reporting if the period of performance end date of a grant and a cooperative agreement is revised regardless of reason.
We serve the public sector in a myriad of ways. From Co-Sourced to Out-Sourced, Partnerships and Primes, BFS has done it all. To learn more about how we can help you, get in touch!