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Strategy 2

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Contributes toBiden-Harris President’s Management Agenda

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  • Goal 2.1 Strengthen and formalize the governance of areas of Feder...
  • Goal 2.2 Build a robust financial assistance community that identi...

Build capacity in federal financial management, including through federal financial assistance, to catalyze American industrial strategy, address climate-related risks, and deliver equitable results.

Designated a Cross-Agency Priority (CAP) Goal

Goal 2.1

As of November 2024

Strengthen and formalize the governance of areas of Federal financial assistance common across federal agencies to advance the Federal Government's ability and capacity to effectively and efficiently implement the President's vision and statutory requirements through federal programs. This includes the creation of a new Federal Financial Assistance governance body known as the Council on Federal Financial Assistance (COFFA).

Agencies submitted their plans for FY25 Notice of Funding Opportunity (NOFO) simplification efforts. These plans will result in the simplification of hundreds of NOFOs throughout next year, which will lower burden for tens of thousands of grant applicants. This will build on NOFO simplification pilots that agencies conducted in FY24, including AmeriCorps' work to reduce the word count of their AmeriCorps State and National NOFO by one-third and the Department of Transportation's cutting their Tribal Transit NOFO nearly in half.

Check circle gold Completed this quarter

Goal 2.2

As of November 2024

Build a robust financial assistance community that identifies and strengthens the core competencies of grants managers.

Over the past quarter, the grant management competency project group worked with the Office of Personnel Management (OPM) to issue a survey to further validate competencies for job series used by agencies to hire grant managers. OPM is on track to use those survey results and other information collected next quarter to produce a technical report that includes a finalized competency model for grants management specialists.

Check circle gold Completed this quarter

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PMA / Business of Government / Strategy 2 / Goals

Goals

Goal 2.1

Strengthen and formalize the governance of areas of Federal financial assistance common across federal agencies to advance the Federal Government’s ability and capacity to effectively and efficiently implement the President’s vision and statutory requirements through federal programs. This includes the creation of a new Federal Financial Assistance governance body known as the Council on Federal Financial Assistance (COFFA).

Goal 2.2

Build a robust financial assistance community that identifies and strengthens the core competencies of grants managers.

PMA / Business of Government / Strategy 2 / Success Metrics

Success Metrics

Goal 2.1: Strengthen and formalize the governance of areas of Federal financial assistance common across federal agencies to advance the Federal Government’s ability and capacity to effectively and efficiently implement the President’s vision and statutory requirements through federal programs. This includes the creation of a new Federal Financial Assistance governance body known as the Council on Federal Financial Assistance (COFFA). Success metrics for Goal 2.1 include:

  • Success metric under development

Goal 2.2: Build a robust financial assistance community that identifies and strengthens the core competencies of grants managers. Success metrics for Goal 2.2 include:

  • Increase percentage of agency adoption of the Grants Management Specialist Federal job series (GS-1109) competency model

PMA / Business of Government / Strategy 2 / Leaders

Leaders

Deidre Harrison

TitleDeputy Controller performing the delegated duties of the Controller, Office of Management and Budget

AgencyOffice of Management and Budget

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