Office of Management and Budget
Federal agency responsible for regulations under Office of Management and Budget.
2 regulations2025-17472
This is a proposed rule from the Office of Management and Budget (OMB) that affects how federal agencies operate, though the specific details are not provided in the available information. The public has until October 15, 2025 to submit comments about whether this rule is a good idea before it becomes final.
Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles: Capitalization of Tangible Assets and Accounting for Acquisition Costs of Material
This proposed rule changes how federal contractors and grant recipients must track and account for the costs of equipment and materials they purchase. The update aims to align federal accounting rules with standard business accounting practices, which could affect how companies doing government work report their expenses and potentially influence the prices they charge the government.