​New Financial Assistance Transparency Reporting
Section: Washington Update




The U.S. Office of Management and Budget has released the publication of OMB Memorandum M-22-02,  New Financial Assistance Transparency Reporting Requirements. The M-22-02 requirements concludes and formally rescinds M-21-03.
 
This memorandum requires that federal awarding agencies report additional information to USAspending.gov, consistent with the June update to the Federal Integrated Business Framework Grants Management Standards and as reflected in the reporting instructions available in the DATA Act Information Model Schema.