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_______________________________________________________________________

Part XXXVI





Office of Management and Budget





_______________________________________________________________________



Semiannual Regulatory Agenda


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OFFICE OF MANAGEMENT AND BUDGET (OMB)                                  
  
  
_______________________________________________________________________
  

 
OFFICE OF MANAGEMENT AND BUDGET

5 CFR Ch. III and 48 CFR Ch. 99

Federal Regulations; OMB Circulars, OFPP Policy Letters, and CASB Cost 
Accounting Standards Included in the Semiannual Agenda of Federal 
Activities

AGENCY: Office of Management and Budget.

ACTION: Publication of semiannual agenda.

_______________________________________________________________________

SUMMARY: The Office of Management and Budget (OMB) is publishing its 
semiannual agenda of upcoming activities for OMB Circulars, Office of 
Federal Procurement Policy (OFPP) Policy Letters, and Cost Accounting 
Standards Board (CASB) Cost Accounting Standards.

    OMB Circulars and OFPP Policy Letters are published in 
accordance with OMB's internal procedures for implementing 
Executive Order No. 12866 (October 4, 1993; 58 FR 51735). OMB 
policy guidelines are issued under authority derived from several 
sources including: Subtitles I, II, and V of title 31, United 
States Code; Executive Order No. 11541; and other specific 
authority as cited. OMB Circulars and OFPP Policy Letters 
communicate guidance, instructions, and information of a continuing 
nature to executive branch agencies. As such, OMB Circulars and 
OFPP Policy Letters are not regulations. Nonetheless, because these 
issuances are typically of public interest, they are generally 
published in the Federal Register in both proposed (for public 
comment) and final stages. For this reason, they are presented 
below in the standard format of ``prerule,'' ``proposed rule,'' and 
``final rule'' stages.

    CASB Cost Accounting Standards are issued under authority 
derived from 41 U.S.C. 422. Cost Accounting Standards are rules 
governing the measurement, assignment, and allocation of costs to 
contracts with the United States Government.

    For purposes of this agenda, we have excluded directives that 
outline procedures to be followed in connection with the 
President's budget and legislative programs and directives that 
affect only the internal functions, management, or personnel of 
Federal agencies.

FOR FURTHER INFORMATION CONTACT: See agency person listed for each 
entry in the agenda, c/o Office of Management and Budget, Washington, 
DC 20503. On the overall agenda, contact John B. Arthur, (202) 395-
7250, at the above address.

Dated: September 26, 1994.

Office of Management and Budget.

John B. Arthur,

Associate Director for Administration.

                                                  Prerule Stage                                                 
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4542        Performance of Commercial Activities (Circular No. A-76)..............................    0348-AA45 
4543        Major System Acquisitions (Circular No. A-109)........................................    0348-AA97 
4544        Cost Accounting Standards Administration..............................................    0348-AB25 
----------------------------------------------------------------------------------------------------------------


                                               Proposed Rule Stage                                              
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4545        Audit Followup (Circular No. A-50)....................................................    0348-AB09 
4546        Cost Principles for Nonprofit Organizations (Circular No. A-122)......................    0348-AB01 
4547        Internal Control Systems (Circular No. A-123).........................................    0348-AB02 
4548        Audits of State and Local Governments (Circular No. A-128)............................    0348-AA90 
4549        Policies on Management of Federal Information Resources (Circular No. A-130)..........    0348-AA76 
4550        Audits of Institutions of Higher Education and Other Nonprofit Institutions (Circular               
            No. A-133)............................................................................    0348-AB22 
4551        Statistical Policy Directives.........................................................    0348-AA43 
4552        Recognition and Pricing of Changing Capital Asset Values Resulting From Mergers and                 
            Business Combinations.................................................................    0348-AB20 
4553        Cost Accounting Standards Board Disclosure Statement Form (CASB DS-1).................    0348-AB24 
----------------------------------------------------------------------------------------------------------------


                                                Final Rule Stage                                                
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4554        Cost Principles For Educational Institutions (OMB Circular A-21)......................    0348-AB23 
4555        A Guide for Writing and Administering Performance Statements of Work for Service                    
            Contracts (OFPP Pamphlet No. 4).......................................................    0348-AA34 
4556        Cost Principles for State and Local Governments (Circular No. A-87)...................    0348-AA83 
4557        Indirect Cost Rates, Audit and Audit Followup at Educational Institutions (Circular                 
            No. A-88).............................................................................    0348-AB07 
4558        Uniform Requirements for Assistance to State and Local Governments (Circular No. A-                 
            102)..................................................................................    0348-AA96 
4559        Management of Federal Advisory Committees (Circular No. A-135)........................    0348-AB26 
4560        Application of Cost Accounting Standards to Colleges and Universities.................    0348-AB16 
4561        Unfunded Pension Costs................................................................    0348-AB18 
4562        Accounting for the Pricing of Fully Funded Defined Benefit Pension Plans in Government              
            Contracts.............................................................................    0348-AB21 
----------------------------------------------------------------------------------------------------------------


                                                Completed Actions                                               
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4563        Management Oversight of Service Contracting (OFPP Policy Letter 93-1 Reissued)........    0348-AB13 
----------------------------------------------------------------------------------------------------------------

      
  
          
_______________________________________________________________________

OFFICE OF MANAGEMENT AND BUDGET (OMB)                     Prerule Stage
  
  
_______________________________________________________________________
  
4542. PERFORMANCE OF COMMERCIAL ACTIVITIES (CIRCULAR NO. A-76)

Legal Authority:  31 USC 503(b); 31 USC 1111; 31 USC 1114(a); 41 USC 
405(a), sec 6(a), The OFPP Act, as amended; EO 8248, sec 2, as amended; 
Reorganization Plan No. 2 of 1970; EO 11541, sec 1, as amended; EO 
12615, sec 2

CFR Citation:  None

Legal Deadline: None

Abstract: OMB Circular No. A-76, last revised in August 1983, sets 
forth the policy of acquiring commercial products and services from the 
private sector, and provides guidance on the development of performance 
work statements and on comparing the cost of Government performance 
with contractor performance. This Circular is currently under review to 
incorporate changes including those recommended by the President's 
Council for Management Improvement.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

Under Review                    00/00/00

Small Entities Affected: Businesses

Government Levels Affected: Federal

Agency Contact: David C. Childs, Policy Analyst, Office of Management 
and Budget, Transportation, Commerce, Justice, Services Division, 
Washington, DC 20503, 202 395-6104

RIN: 0348-AA45
_______________________________________________________________________

4543. MAJOR SYSTEM ACQUISITIONS (CIRCULAR NO. A-109)

Legal Authority:  31 USC 1111; 41 USC 405

CFR Citation:  48 CFR 1

Legal Deadline: None

Abstract: OMB Circular No. A-109 is intended to ensure the 
effectiveness and efficiency of the Major System Acquisition Process. 
The Circular is being reviewed to address statutory, policy and 
management changes that have occurred since it was first issued in 
1976.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

Request for Public Comment on 
Existing Circular               07/03/91                    56 FR 30601


Next Action Undetermined

Small Entities Affected: None

Government Levels Affected: Federal

Procurement: This is a procurement-related action for which there is no 
statutory requirement. There is no paperwork burden associated with 
this action.

Agency Contact: David Muzio, Procurement Analyst, Office of Management 
and Budget, Office of Federal Procurement Policy, Washington, DC 20503, 
202 395-6803

RIN: 0348-AA97
_______________________________________________________________________

4544. <bullet> COST ACCOUNTING STANDARDS ADMINISTRATION

Legal Authority:  41 USC 422

CFR Citation:  48 CFR 99

Legal Deadline: None

Abstract: The Cost Accounting Standards Board is proposing to revise 
its rules concerning cost accounting practice changes.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

ANPRM                           11/00/94
ANPRM Comment Period End        01/00/95

Small Entities Affected: None

Government Levels Affected: None

Procurement: This is a procurement-related action for which there is no 
statutory requirement. The agency has not yet determined whether there 
is a paperwork burden associated with this action.

Agency Contact: Rudolph Schuhbauer, Project Director, Cost Accounting 
Standards Board, Office of Management and Budget, Office of Federal 
Procurement Policy, Washington, DC 20503, 202 395-3254

RIN: 0348-AB25
_______________________________________________________________________

OFFICE OF MANAGEMENT AND BUDGET (OMB)               Proposed Rule Stage
  
  
_______________________________________________________________________
  
4545. AUDIT FOLLOWUP (CIRCULAR NO. A-50)

Legal Authority:  PL 100-504, Amending the Inspector General Act of 
1978

CFR Citation:  None

Legal Deadline: None

Abstract: Circular A-50 establishes policies and procedures to be used 
by Federal agencies in the review of audit reports.

Timetable: Next Action Undetermined

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