Frequently Asked Questions Explains ‘Conditional Title’ for Equipment

In the Frequently Asked Questions recently issued by the Council on Financial Assistance Reform and the Office of Management and Budget, many nonfederal entities questioned what OMB meant by the phrase “conditional title,” as used in §200.313 of the uniform grant guidance, because the phrase was not used in the prior OMB circulars. Those who submitted questions for inclusion in th... Read More