Committees have met. Members of Congress have voted. The Office of Management and Budget (OMB) has issued guidance. Agencies have drafted funding opportunity announcements, vetted applications, and defined reporting requirements.
All this before award recipients sign on the dotted line and commit to carry out the full terms and conditions of the grant.
The latest change to federal grant policy, the Grants Oversight and New Efficiency (GONE) Act, was signed into law on January 28, 2016.
The covered grants are those within an agency’s cash payment management system that have been expired for two or more years and have not been closed out. No later than one year after the head of an agency submits its report, the agency head will notify HHS whether the agency has closed out the covered grants discussed in its report. HHS is required to compile this information and provide it to Congress.
Read the full text of the GONE Act here.
For a high-level review of key laws determining federal grant policy, visit the Grant Policies section of the Grants.gov Grants Learning Center.
Interesting to know how other countries govern their laws in Brazil unfortunately the laws are increasingly arbitrary and the laws are outdated Congress and the camera are not about to change soon.
Thank you I liked your article!