COVID-19 Notice from OMB featuring Vince Franco

On March 9, 2020, OMB issued M-20-11 Administrative Relief for Recipients and Applicants of Federal Financial Assistance Directly Impacted by the Novel Coronavirus (COVID-19). Highlights of this notice include: 1. Expenditure of Award Funds for Salaries and Other Project Activities 2. Exemption of Certain Procurement Requirements 3. Extension of Financial and Other Reporting 4. Extension of the Single Audit Submission On March 19, 2020, OMB issued M-20-17 Administrative Relief for Recipients and Applicants of Federal Financial Assistance Directly Impacted by the Novel Coronavirus (COVID-19) due to Loss of Operations. Highlights of this notice include: 1. Allowability of Salaries and Other Project Activities – Continuation to the similar section in OMB M-20-11 2. Allowability of Costs not Normally Chargeable to Awards