OFFICE OF MANAGEMENT AND BUDGET
OMB Circular A-127, "Financial Management Systems"
AGENCY: Office of Management and Budget, Executive Office of the President
ACTION: Final Revision
SUMMARY: The Office of Management and Budget (OMB) is adopting the interim final revision to OMB Circular A-127, "Financial Management Systems," that changes the process for acquiring software to meet core financial system requirements by eliminating the restriction to only acquire the software and related services from the FMSS Schedule, and to provide for software testing that is independent of the procurement process. These changes will result in the revision of Sections 8d and 9b, as well as adding a new Section 9a(3) and 9c. These changes are shown below.
DATE: Effective September 12, 1999.
FOR FURTHER INFORMATION CONTACT: Jean Holcombe, Federal Financial Systems Branch, Office of Federal Financial Management, Office of Management and Budget, (202) 395-3993. The revisions to the Circular are available on the OMB Home Page at /OMB.
SUPPLEMENTARY INFORMATION: On July 1, 1999 (64 FR 35701), the Office of Management and Budget (OMB) issued an interim final revision to OMB Circular A-127, "Financial Management Systems." The interim final revision made changes to Sections 8d and 9b, as well as adding a new Section 9a(3) and 9c to Circular A-127, in order to eliminate the restriction to only acquire the software and related services from the FMSS Schedule, and to provide for software testing that is independent of the procurement process. No comments were received in response to the interim final revision. Accordingly, OMB is adopting in final form, without change, the interim final revision to Circular A-127 which was published at 64 FR 35701 on July 1, 1999.
Issued in Washington, DC, August 9,1999
OMB revises Circular A-127 as follows.1. Section 8d of the current Circular should be deleted in its entirety and replaced with the following:
2. A new section 9a(3) is being added to the current Circular as follows:
3. Section 9b of the current Circular is revised to read as follows:
4. A new Section 9c is being added and will read as follows:
-- developing and administering the certification test.
-- notifying GSA when a software package successfully completes the certification test.
-- providing interested parties with information on the core financial system requirements and their related testing scenarios.
-- providing interested parties with details on the results of the certification tests for certified software packages.
-- posting a public notice on planned core financial system procurements.
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