16966 Federal Register / Vol. 86, No. 60 / Wednesday, March 31, 2021 / UA: Reg Flex Agenda 

OFFICE OF MANAGEMENT AND 

BUDGET 

2 CFR Chapters 1 and 2 

48 CFR Chapter 99 

Federal Regulations, Guidance, OFPP 

Policy Letters, and CASB Cost 

Accounting Standards Included in the 

Semiannual Agenda of Federal 

Activities 

AGENCY: Office of Management and 

Budget. 

ACTION: Semiannual regulatory agenda. 

SUMMARY: The Office of Management 

and Budget (OMB) is publishing its 

semiannual agenda of upcoming 

activities for Federal regulations, OMB 

Guidance, Office of Federal 

Procurement Policy (OFPP) Policy 

Letters, and Cost Accounting Standards 

(CAS) Board Cost Accounting 

Standards. 

OMB Guidance and OFPP Policy 

Letters are published in accordance 

with OMB’s internal procedures for 

implementing Executive Order 12866 

(58 FR 51735 (Oct. 4, 1993)). OMB 

policy guidelines are issued under 

authority derived from several sources, 

including: Subtitles I, II, and V of title 

31, U.S. Code; Executive Order 11541; 

and other specific authority as cited. 

OMB Guidance and OFPP Policy Letters 

communicate guidance and instructions 

of a continuing nature to executive 

branch agencies. As such, most OMB 

Guidance and OFPP Policy Letters are 

not regulations. Nonetheless, because 

these issuances are typically of interest 

to the public, they are generally 

published in the Federal Register at 

both the proposed (for public comment) 

and final stages. For this reason, they 

are presented below in the standard 

format of ‘‘pre-rule,’’ ‘‘proposed rule,’’ 

and ‘‘final rule’’ stages. 

CASB Cost Accounting Standards are 

issued under authority derived from 41 

U.S.C. 1501 et seq. Cost Accounting 

Standards are rules governing the 

measurement, assignment, and 

allocation of costs to contracts entered 

into 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, as well as 

directives that affect only the internal 

functions, management, or personnel of 

Federal agencies. 

FOR FURTHER INFORMATION CONTACT: See 

the agency contact person listed for each 

entry in the agenda, c/o Office of 

Management and Budget, Washington, 

DC 20503. On the overall agenda, 

contact Laura Dennehy, (202) 579–6597, 

at the above address. 

Deidre A. Harrison, 

Acting Deputy Controller, Office of 

Management and Budget. 

OFFICE OF MANAGEMENT AND BUDGET—FINAL RULE STAGE

Sequence No. Title Regulation 

Identifier No. 

338 .................... Federal Acquisition Security Council Implementing Regulation ...................................................................... 0348–AB83 

OFFICE OF MANAGEMENT AND BUDGET—COMPLETED ACTIONS

Sequence No. Title Regulation 

Identifier No. 

339 .................... 2 CFR Changes to Address Statutory and/or Regulatory Needs ................................................................... 0348–AB76 

OFFICE OF MANAGEMENT AND 

BUDGET (OMB) 

Final Rule Stage 

338. Federal Acquisition Security 

Council Implementing Regulation 

E.O. 13771 Designation: Other. 

Legal Authority: Pub. L. 115–390 sec. 

202(c) 

Abstract: This interim final rule will 

implement subchapter III of chapter 13 

of title 41, United States Code. 

Subchapter III creates the Federal 

Acquisition Security Council, and 

identifies a number of functions to be 

performed by the Council. The FASC is 

chaired by a designated OMB SeniorLevel official, and Public Law 115–390 

requires that the FASC publish an 

interim final rule to implement these 

functions. 

Timetable: 

Action Date FR Cite 

Interim Final Rule 09/01/20 85 FR 54263 

Interim Final Rule 

Effective.

09/01/20 

Interim Final Rule 

Comment Period End.

11/02/20 

Final Rule ............ 12/00/20 

Regulatory Flexibility Analysis 

Required: Yes. 

Agency Contact: Steven McAndrews, 

Office of Management and Budget, 

Phone: 202 881–7145, Email: 

steven.m.mcandrews@omb.eop.gov. 

Lisa Barr, Office of Management and 

Budget, Phone: 202 881–6798, Email: 

lisa.n.barr@omb.eop.gov. 

RIN: 0348–AB83 

OFFICE OF MANAGEMENT AND 

BUDGET (OMB) 

Completed Actions 

339. 2 CFR Changes To Address 

Statutory and/or Regulatory Needs 

E.O. 13771 Designation: Not subject 

to, not significant. 

Legal Authority: 31 U.S.C. 503 

Abstract: The Office of Management 

and Budget will pursue proposed 

rulemaking to revise parts of title 2 of 

the Code of Federal Regulations (2 CFR) 

Subtitle A—OMB Guidance for Grants 

and Agreements (Guidance). The 

Guidance is scheduled for review every 

five years after December 26, 2013, per 

2 CFR (200.109 Review date). The intent 

of the proposed revisions are to address 

burden reduction for recipients, fix 

inconsistent terminology, resolve 

conflict within areas of 2 CFR, 

incorporate the President’s Management 

Agenda, and address statutes enacted 

since the final guidance was issued. 


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Federal Register / Vol. 86, No. 60 / Wednesday, March 31, 2021 / UA: Reg Flex Agenda 16967 

Timetable: 

Action Date FR Cite 

NPRM .................. 01/22/20 85 FR 3766 

NPRM Comment 

Period End.

03/23/20 

Final Rule ............ 08/13/20 85 FR 49506 

Action Date FR Cite 

Final Rule Effective.11/12/20 

Regulatory Flexibility Analysis 

Required: Yes. 

Agency Contact: Nicole Waldeck, 

Senior Policy Analyst, Office of 

Management and Budget, 725 17th 

Street NW, Washington, DC 20006, 

Phone: 202 395–3819, Email: 

nicole.r.waldeck@omb.eop.gov. 

RIN: 0348–AB76 

[FR Doc. 2021–04349 Filed 3–30–21; 8:45 am] 

BILLING CODE 3110–01–P 


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