The Office of Management and Budget (OMB) recently announced that it is giving hospitals and other non-federal entities that receive federal assistance an additional year to comply with revised procurement standards for grants and federal funding. While the deadline has been extended until December 25, 2017, federal grant recipients should be taking steps to ensure compliance with the OMB standards before that date.
For more information, please view our Global Regulatory Enforcement Law Blog post on this topic, Non-Federal Entities Receive Extra Year to Comply with Overhauled OMB Procurement Standards for Federal Assistance Agreements authored by Reed Smith partner, Holly Roth and associate Sarah Wronsky.
This article is presented for informational purposes only and is not intended to constitute legal advice.
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