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Grant Reform

OMB Adds New Micro-Purchases Procurement Option

Federal Grants Management Handbook

February 25, 2014 at 10:40:00 ET

Recipients of federal awards will have a new micro-purchase procurement option under the Office of Management and Budget’s new grant reform guidance to make small dollar purchases without going through time-consuming procurement procedures. The guidance is anticipated to become effective for nonfederal entities on Dec. 26. Provisions in OMB’s grant circulars contain four different ... Read More

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Did You Know ?

OMB Adds New Micro-Purchases Procurement Option

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