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2 CFR 1128.100

§ 1128.100 Purpose of FMS Article I.

United States · 2 CFR — Federal Financial Assistance · Status: effective

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2 CFR 1128.100, § 1128.100 Purpose of FMS Article I, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/1545
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Full text

FMS Article I specifies standards for recipients' financial management systems. It thereby implements OMB guidance in: (a) 2 CFR 200.302, 200.303, and 200.328; and (b) 2 CFR 200.301 and 200.328, as they relate to associations between financial data and performance accomplishments and reporting.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.