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GGD-78-111 1 (1979-03-12)

handle is hein.gao/gaobaaytj0001 and id is 1 raw text is: BY THE COMPTROLLER GENERAL Report To The Congress OF THE UNITED STATES Federal Cost Principles Are Often Not Applied In Grants And Contracts With State And Local Governments A decade has passed since the Office of Man- agement and Budget established a circular for uniform cost principles to be applied by all Federal agencies to grants and contracts with State and local governments. Unfortunately, many Federal agencies and grantees do not adhere to these principles. Instead, they con- tinue to apply nonstandard and often inap- propriate methods of determining or charg- ing costs to grants and contracts. The Federal Government, therefore, does not always know if costs are properly charged, and many grant- ees cannot be sure that they are identifying, for possible recovery, costs of operating Federal programs. To protect the financial interests of all con- cerned, an agreed-upon set of cost principles must be applied. Therefore, the Office of Management and Budget must revise its cir- cular on this subject for clarity and purpose and must actively press for its use. Federal agencies must improve their day-to-day ad- ministration of the circular. A~ ~ ,III I IIIWI III 11111 108784 c; L/ lCcou~'i\ GGD-78-111 MARCH 12, 1979 l0 MI

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