TITLE 2 - GRANTS AND AGREEMENTS

SUBTITLE A - OFFICE OF MANAGEMENT AND BUDGET GUIDANCE FOR GRANTS AND AGREEMENTS

CHAPTER II - OFFICE OF MANAGEMENT AND BUDGET CIRCULARS AND GUIDANCE

PART 230 - COST PRINCIPLES FOR NON - PROFIT ORGANIZATIONS (OMB CIRCULAR A - 122)

230.45 - Relationship to previous issuance.

  (a) The guidance in this part previously was issued as OMB Circular A122.

Appendix A to this part contains the guidance that was in Attachment A (general principles) to the OMB circular; Appendix B contains the guidance that was in Attachment B (selected items of cost) to the OMB circular; and Appendix C contains the information that was in Attachment C (non-profit organizations not subject to the Circular) to the OMB circular.

  (b) Historically, OMB Circular A122 superseded cost principles issued by individual agencies for non-profit organizations.