98-28704. OMB Circular A-21, Cost Principles for Educational Institutions  

  • [Federal Register Volume 63, Number 207 (Tuesday, October 27, 1998)]
    [Notices]
    [Page 57332]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-28704]
    
    
    
    [[Page 57332]]
    
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    OFFICE OF MANAGEMENT AND BUDGET
    
    
    OMB Circular A-21, Cost Principles for Educational Institutions
    
    AGENCY: Office of Management and Budget, Executive Office of the 
    President.
    
    ACTION: Final Revision.
    
    -----------------------------------------------------------------------
    
    SUMMARY: The Office of Management and Budget (OMB) is adopting the 
    interim final revision to OMB Circular A-21, ``Cost Principles for 
    Educational Institutions,'' to allow trustees' travel expenses.
    
    DATES: Effective November 27, 1998.
    
    FOR FURTHER INFORMATION CONTACT: Gilbert Tran, Financial Standards and 
    Reporting Branch, Office of Federal Financial Management, Office of 
    Management and Budget, at (202) 395-3993. Non-Federal organizations 
    should contact the organization's cognizant Federal agency. The revised 
    Circular is available on the OMB Home Page at http://
    www.whitehouse.gov/WH/EOP/omb, as well as from the EOP Publications 
    Office at (202) 395-7332.
    
    SUPPLEMENTARY INFORMATION: On June 1, 1998 (63 FR 29786), the Office of 
    Management and Budget (OMB) issued an interim final revision to OMB 
    Circular A-21, ``Cost Principles for Educational Institutions,'' to 
    allow trustees' travel expenses. Only two comments were received in 
    response to the interim final revision; both supported the revision. 
    Accordingly, OMB is adopting in final form, without change, the interim 
    final revision to Circular A-21 which was published at 63 FR 29786 on 
    June 1, 1998.
    Jacob J. Lew,
    Director.
    
        OMB hereby revises Section J.50 of OMB Circular A-21 to read as 
    follows:
        50. Trustees. Travel and subsistence costs of trustees (or 
    directors) are allowable. The costs are subject to restrictions 
    regarding lodging, subsistence and air travel costs provided in Section 
    48.
    
    [FR Doc. 98-28704 Filed 10-26-98; 8:45 am]
    BILLING CODE 3110-01-P
    
    
    

Document Information

Effective Date:
11/27/1998
Published:
10/27/1998
Department:
Management and Budget Office
Entry Type:
Notice
Action:
Final Revision.
Document Number:
98-28704
Dates:
Effective November 27, 1998.
Pages:
57332-57332 (1 pages)
PDF File:
98-28704.pdf