Grant Reform

OMB Amends Improper Payment Guidance Under Circular A-123

Jerry Ashworth
November 4, 2014 at 02:37:00 ET
The Office of Management and Budget recently issued a memo that implements a new “improper payment compliance framework” for federal agencies. By amending Appendix C of OMB Circular A-123, Management’s Responsibility for Internal Control, OMB is calling for federal agencies to reduce the number of erroneous payments they make to the wrong entity or for the wrong amount. OMB Circul... Read More