Summary

This regulation outlines the financial assistance policies and procedures for the Department of the Interior (DOI), supplementing the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards established by the Office of Management and Budget (OMB). It applies to all DOI grant-making activities and non-Federal entities, including foreign entities, that receive or manage DOI Federal awards, ensuring compliance with applicable laws and promoting efficient use of funds. The regulation also details specific requirements for conflict of interest, merit review for competitive awards, land acquisition, and indirect cost rate deviations, aiming to maintain transparency and accountability in financial assistance administration.

Estimated Impact