What is OMB Circulars?
OMB Circulars meaning Government-wide guidance issued to Heads of Federal agencies by the Director of OMB. OMB Circulars directly pertinent to grants include the following:cost principles (OMB Circular A-21, OMB Circular A-87, and OMB Circular A-122). See Cost Considerations-The Cost Principles for additional information;uniform administrative requirements (OMB Circular A-102 and OMB Circular A-110);audit requirements for non-profit organizations (OMB Circular A-133). See Monitoring-Audit for additional information. Some (but not all) of these OMB Circulars were reissued in Title 2 of the Code of Federal Regulations (CFR). Effective December 26, 2014, these Circulars were superseded by OMB’s Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”) located in 2 CFR Part 200.
reference: Glossary of NIH Terms