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Strategy 2

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Contributes toBiden-Harris President’s Management Agenda

Follow Progress

  • 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 August 2023

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).
OMB issued M-23-19 Establishment of the Council on Federal Financial Assistance (COFFA) on August 9, 2023. The COFFA is an interagency forum to improve coordination, transparency, and accountability for the award and management of Federal financial assistance funding. This council will be responsible for providing strategic direction, policy recommendations, and priority-setting for other Government-wide grant-related activities. 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.

Goal 2.2

As of August 2023

Build a robust financial assistance community that identifies and strengthens the core competencies of grants managers.
Goal leads have been working to identify and strengthen the core competencies of the grants management workforce. This includes the release of a Grants 101 training for all financial assistance staff. In addition, through a cross-agency job announcement for grants professionals, 44 percent of the individuals who made the certification list were hired by the Federal Government. The Office of Personnel Management in coordination with the Chief Financial Officers Council, launched the effort to develop the competency model for Federal financial assistance managers during this quarter. Over the upcoming months, OPM will engage with agencies to identify the competencies needed for grants managers in order to create a comprehensive competency model that can be used by every grant making agency.

PMA / Business of Government / Strategy 2 / Join the Action

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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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