Federal Manager's Daily Report

The memo told the 24 CFO Act agencies to designate within 30 days a senior financial assistance officer. Image: singh_lens/Shutterstock.com

OMB has established a new Council on Federal Financial Assistance to “create a partnership among federal grant-making agencies, providing a single forum to inform Federal financial assistance policy, oversight, and technology activities.”

“The COFFA will be responsible for providing strategic direction, policy recommendations, and priority-setting for other government-wide grant-related activities (e.g., Financial Assistance Committee for E-Government, Grants Management Quality Service Management Office). In providing leadership and promoting government-wide adoption of promising practices, the COFFA will reduce administrative burdens for both federal agencies and recipients of federal financial assistance, particularly those that may be under-resourced or underserved,” says memo M-23-19.

The memo told the 24 CFO Act agencies to designate within 30 days a senior financial assistance officer to serve as a representative to the new council, which will be chaired by the OMB deputy director for management. The designee should be a senior policy official with primary responsibility for agency-wide federal financial assistance policy, management, strategic planning, and implementation, it said.

The designee “should be empowered to speak on behalf of the agency, influence agency decisions regarding the administration of federal financial assistance programs, and possess detailed knowledge of federal financial assistance,” it added.

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