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On December 26, 2013, OMB updated its grant-making regulations at 2 CFR 200 (Uniform Administrative Requirements Cost Principles and Audit Requirements for Federal Awards) and issued guidance to agencies for grants/financial assistance reform.  As stated in Part 200.110 of the guidance, Federal agencies must implement the OMB guidance on Federal awards by regulatory action. In accord with this requirement, NARA is adopting OMB's new guidance and is revising 36 CFR 1206, National Historical Publications and Records Commission (NARA's grant-making organization), and 2 CFR 2600, Nonprocurement Debarment and Suspension, to incorporate adoption of 2 CFR 200.  NARA is also removing 36 CFR 1207 and 1210, which are rendered obsolete by the new provisions.  Regulatory flexibility analysis, State, local, and tribal government impact, and impact on small business entities were assessed during OMB's revision of its rules, and substantial public comment and discussion were conducted.  As a result, this regulatory action simply adopting those rules requires no further such assessment and will be published as part of a joint interim final rule in December 2014.