81 FR 1115 - Federal Awarding Agency Regulatory Implementation of Office of Management and Budget's Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

SMALL BUSINESS ADMINISTRATION

Federal Register Volume 81, Issue 6 (January 11, 2016)

The U.S. Small Business Administration (SBA) publishes this rule to adopt as a final rule, with one change, a joint interim final rule published with the Office of Management and Budget (OMB) for all Federal award-making agencies that implemented guidance on Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). This rule is necessary to incorporate into regulation and thus bring into effect the Uniform Guidance as required by OMB for the SBA.

[Federal Register Volume 81, Number 6 (Monday, January 11, 2016)]
[Rules and Regulations]
[Page 1115]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-33168]



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Rules and Regulations
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Federal Register / Vol. 81, No. 6 / Monday, January 11, 2016 / Rules 
and Regulations

[[Page 1115]]



SMALL BUSINESS ADMINISTRATION

2 CFR Part 2701

13 CFR Part 143

RIN 3245-AG62


Federal Awarding Agency Regulatory Implementation of Office of 
Management and Budget's Uniform Administrative Requirements, Cost 
Principles, and Audit Requirements for Federal Awards

AGENCY: U.S. Small Business Administration.

ACTION: Final rule.

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SUMMARY: The U.S. Small Business Administration (SBA) publishes this 
rule to adopt as a final rule, with one change, a joint interim final 
rule published with the Office of Management and Budget (OMB) for all 
Federal award-making agencies that implemented guidance on Uniform 
Administrative Requirements, Cost Principles, and Audit Requirements 
for Federal Awards (Uniform Guidance). This rule is necessary to 
incorporate into regulation and thus bring into effect the Uniform 
Guidance as required by OMB for the SBA.

DATES: This rule is effective February 10, 2016.

FOR FURTHER INFORMATION CONTACT: William G. Bethel, Director, Office of 
Grants Management, Small Business Administration, 409 3rd Street SW., 
Washington, DC 20416 at (202) 205-7198 or [email protected].

SUPPLEMENTARY INFORMATION: On December 19, 2014, OMB and SBA issued an 
interim final rule that implemented for all Federal award-making 
agencies the final guidance on Uniform Administrative Requirements, 
Cost Principles, and Audit Requirements for Federal Awards (Uniform 
Guidance) (79 FR 75867, 76080-76081, December 19, 2014). In that 
interim final rule, Federal awarding agencies, including the SBA, 
joined together to implement the Uniform Guidance in their respective 
chapters of title 2 of the CFR, and, where approved by OMB, implemented 
any exceptions to the Uniform Guidance by including the relevant 
language in their regulations. Where applicable, agencies provided 
additional language beyond that included in 2 CFR part 200, consistent 
with their existing policy, to provide more detail with respect to how 
they intend to implement the policy, where appropriate.
    In addition, the interim final rule made technical corrections to 
the Uniform Guidance, where needed, to ensure that particular language 
in the final guidance matched with the Council on Financial Assistance 
Reform's intent and to avoid any erroneous implementation of the 
guidance. The interim final rule went into effect on December 26, 2014. 
The public comment period for the interim final rule closed on February 
17, 2015.
    The SBA publishes this final rule to adopt the provisions of the 
interim final rule. The SBA adopted six exceptions to the Uniform 
Guidance and two implementing provisions, all of which were codified in 
2 CFR part 2701. The SBA did not receive any public comments on its 
regulations. Accordingly, the SBA makes no substantive changes to the 
interim final rule. However, in order to reflect organizational changes 
that have occurred at SBA since the publication of the interim final 
rule and to provide for greater stability during periods of political 
transition, SBA is in this final rule reallocating responsibility for 
serving as the Agency's Single Audit Senior Accountable Official from 
the Chief Administrative Officer to the Deputy Chief Operating Officer.

Compliance With Executive Order 12866, the Paperwork Reduction Act (44 
U.S.C. Ch. 35), and the Regulatory Flexibility Act (5 U.S.C. 601-612) 
Executive Order 12866

    Pursuant to Executive Order 12866, OMB has determined this final 
rule to be not significant.

Paperwork Reduction Act

    This rule contains no collections of information subject to the 
requirements of the Paperwork Reduction Act (44 U.S.C. Ch. 3506). 
Notwithstanding any other provision of law, no person is required to 
respond to, nor shall any person be subject to a penalty for failure to 
comply with a collection of information subject to the Paperwork 
Reduction Act unless that collection displays a currently valid OMB 
Control Number.

Regulatory Flexibility Act

    Because notice and opportunity for comment are not required 
pursuant to 5 U.S.C. 553 or any other law, the analytical requirements 
of the Regulatory Flexibility Act (5 U.S.C. 601 et seq.) are 
inapplicable. Therefore, a regulatory flexibility analysis is not 
required and has not been prepared.

List of Subjects in 2 CFR Part 2701

    Administrative practice and procedure, Grant administration, Grant 
programs.

    Accordingly, the interim rule amending 2 CFR part 2701 and 13 CFR 
part 143, which was published at 79 FR 75867 on December 19, 2014, is 
adopted as a final rule with the following change:

PART 2701--UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, 
AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS

0
1. The authority citation for part 2701 continues to read as follows:

    Authority:  15 U.S.C. 634(b)(6), 2 CFR part 200.

0
2. Revise Sec.  2701.513 to read as follows:


Sec.  2701.513  Responsibilities.

    For SBA, the Single Audit Senior Accountable Official is the Deputy 
Chief Operating Officer. The Single Audit Liaison is the Director, 
Office of Grants Management.

Maria Contreras-Sweet,
Administrator.
[FR Doc. 2015-33168 Filed 1-8-16; 8:45 am]
 BILLING CODE 8025-01-P