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Conforming Changes to Applicant Submission Requirements; Implementing Federal Financial Report and Central Contractor Registration Requirements

HUD · hud-other · Published 2010-07-15 · Effective 2010-08-16 · 75 FR 41087

Document

Document number
2010-17328
Federal Register citation
75 FR 41087
CFR reference
24 CFR 5
Type
Rule
Action
Interim rule.
Category
hud-other
Agency
US Department of Housing and Urban Development
Publication date
2010-07-15
Effective date
2010-08-16
Docket
Docket No. FR-5350-I-01

Abstract

This interim rule revises HUD regulations to reference the new governmentwide Federal Financial Report (FFR), approved by the Office of Management and Budget (OMB). The purpose of the FFR is to consolidate requirements from the OMB issued Standard Forms SF-269, SF- 269A SF-272, and the SF-272A, into a single governmentwide form. The consolidation provides recipients of HUD grants and cooperative agreements a standard format for reporting the financial status of their grants and cooperative agreements and will assist in efforts to move to electronic grants management by reducing the variation and number of forms required for reporting. In including the new FFR in its regulations, HUD revises its regulations to remove references to SF-270 and SF-271, since they are no longer in use. This interim rule also codifies the requirement that applicants for HUD assistance possess an active Central Contractor Registration (CCR). Registration with CCR assists HUD in collecting, validating, and storing information in support of its grant programs and assists in ensuring the accuracy of data placed on the USASpending.gov website.

Source

Authoritative
Federal Register document
Machine
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