F. Improving the Governmentwide Approach to Performance and Risk

F. Improving the Governmentwide Approach to Performance and Risk

Finally, OMB proposes to reformat the definitions section of 2 CFR part 200, subpart A-Acronyms and Definitions by removing the section numbers to facilitate future additions to this section.

To support this goal, OMB proposes changes to emphasize the importance of focusing on performance to achieve program results throughout the Federal award lifecycle, starting with a proposed new section 2 CFR Program planning and design

The President’s Management Agenda, Results-Oriented Accountability for Grants CAP goal is working toward shifting the balance between compliance and performance while reducing burden. Agencies are encouraged to promote promising performance practices that support the achievement of program goals and objectives. By shifting the focus to the balance between performance and compliance, agencies line burdensome compliance requirements for programs that demonstrate results. This new section formally requires practices that are already expected of Federal awarding agencies to develop a strong program design by establishing program goals, objectives, and indicators, to the extent permitted by law, before the applications are solicited. Consistent changes are proposed in 2 CFR Information contained in a Federal award and 2 CFR Performance measurement requiring Federal awarding agencies to provide recipients with clear performance goals, indicators, and milestones. Continue reading “F. Improving the Governmentwide Approach to Performance and Risk”