💰Executive Order 14332
Improving Oversight of Federal Grantmaking
Summary
Executive Order 14332 aims to enhance the oversight of federal grantmaking processes, focusing on accountability and efficacy in the use of taxpayer funds. The order addresses concerns related to unnecessary complexities in grant applications and promotes alignment with national interests and priorities. It outlines a new framework for reviewing grant proposals, aiming to improve transparency and reduce waste in federal spending.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
The Executive Order emphasizes streamlining federal grant oversight, affecting compliance and regulatory requirements for businesses utilizing federal grants. It mandates reviews of discretionary awards based on new criteria, which may impose additional compliance burdens and enhance competitive bidding for federal funds.