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On March 31, 2009, the FAR Councils issued a amending the Federal Acquisition Regulation (FAR) in order to implement several key provisions set forth in the American Recovery and Reinvestment Act of 2009. On a finding of "urgent and compelling reasons," the interim rules were issued without any opportunity for prior public comment.Ìý The FAR Councils will, however, take into consideration public comments submitted on or before June 1, 2009 in formulation of the final rule. In order to facilitate a dialogue between ÎÚÑ»´«Ã½ members and the government, ÎÚÑ»´«Ã½ has set up a special portal located at the and highlighted the key issues that must be addressed:

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The Office of Management and Budget (OMB) also issued its own guidance on April 23 establishing Government-wide guidance and standard award terms for agencies to include in financial assistance awards (namely, grants, cooperative agreements, and loans) as part of their implementation of the Recovery Act. Public comments are due by June 22:

ÎÚÑ»´«Ã½ has been working to solicit comments from members and is preparing to submit comments on behalf of the entire association by the June 1 deadline.