This Supplement relies on the managerial cost accounting and performance standards established in support of the CFO Act, GPRA, and the Federal Accounting Standards, as they are developed and implemented. Cost and performance information developed for cost comparisons required by the Circular and this Supplement should be drawn from the data base established by these standards and adjusted as appropriate. The Circular and this Supplement are not intended and should not be construed to create any right or benefit, substantive or procedural, enforceable at law by a party against the United States, its agencies, its officers or any person. Part I Policy Implementation Sets forth the principles and procedures for implementing OMB Circular A-76. Appendices Definition of Terms Defines terms within the context of OMB Circular A-76.
Inventory Provides information and reporting guidance.
Useful Life and Disposal Provides useful expected life and Values disposal values for equipment. Tax Tables Provides Federal tax rate tables for use in A-76 cost comparisons by industry type. OFPP Policy Letter 92-1 Provides guidance and criteria for determining whether activities may be considered inherently governmental and not subject to the requirements of the Circular or this Supplement.