State and Federal Regulations
- OMB Circular A-21: Cost Principles for Educational Institutions
- This federal circular lays out regulations governing the various types of costs that may be charged to federal grants, contracts, and cooperative agreements. This circular also incorporates four federal cost-accounting standards applicable to educational institutions. These standards mandate consistency in estimation, accumulation, reporting, allocation, etc., of costs.
- ABLE provides a list of definitions of A-21 categories.
- OMB Circular A-110: Uniform Administrative Requirements for Grants and Agreements With Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations
- This federal circular covers various requirements for the administration of federal grants and cooperative agreements (but not contracts).
- OMB Circular A-133: Audits of States, Local Governments, and Non-Profit Organizations
- This federal circular provides the framework for annual audits of the University's managment of its sponsored programs, conducted on the government's behalf by PriceWaterhouse Coopers, a commercial auditing firm.
- The results of Harvard's annual OMB-133 Audits are available through the Office of Sponsored Programs website.
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[Last modified: 12/03/12]