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The Department of Energy is drafting a Notice of Proposed Rulemaking (NOPR) that would propose to amend its Financial Assistance Regulations to establish conflict of interest and conflict of commitment policies and requirements for non-federal entities applying for or receiving financial assistance awards from the Department, and to implement and standardize certain disclosure requirements applicable to financial assistance applications and awards, including responsibilities, general rules, and procedures for non-federal entities to identify, evaluate, resolve, and report conflicts of interest, conflicts of commitment, and organizational conflicts of interest, in financial assistance applications and awards. The intent of the proposed requirements is to address long-standing risks associated with financial assistance awards, as noted in Government Accountability Office (GAO) report 21-130. This NOPR is in coordination with the Office of Science and Technology Policy and the Subcommittee on Research Security as required under National Security Presidential Memorandum (NSPM) - 33 and the NSPM-33 implementation guidance document. A NOPR for this policy would ensure transparency with the public and broad stakeholder feedback.