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OMB Releases Financial Management Line of Business Guidance

The DotGov Buzz, June 27, 2006 E-Gov Initatives: “The Office of Management and Budget has released updated draft guidance for agencies moving to the financial management Line of Business. The guidance offers competitive framework, template for migration project plan, change management best practices and a menu of services that financial-management shared-service providers can deliver. The Migration Planning Guidance aims to answer procedural questions and provide insight when agencies conduct competitions for financial-management services from a public or private shared-service provider. According to the memorandum, agencies are to conduct public-private competitions and migrations as directed in OMB Circular A-76 for activities performed by more than 10 FTEs. Agencies should consult with OMB if they need to deviate from that directive.”

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