< Back to Search

OMB Circular A-87 - Cost Principles for State, Local and Indian Tribal Governments

Published: May 24, 2012
Categories:
Reporting Systems
Topics:
SACWIS
Tags:
, Apportionment, Allocations & Allotment

OMB Circular A-87 - Cost Principles for State, Local and Indian Tribal Governments: Revised May 10, 2004. An interagency task force was established to review existing cost principles for Federal awards to State and local governments. The task force studied Inspector General reports and recommendations, solicited suggestions for changes to the Circular from State and local governments, and compared for consistency the provisions of other Office of Management and Budget cost principles covering nonprofit organizations and universities. Proposed revisions reflecting the results of those efforts were published on October 12, 1988 (53 FR 40352) and August 19, 1993 (58 FR 44212). The extensive comments received on these proposed revisions, discussions with interested groups, and other related developments were considered in developing this final revision.