[Code of Federal Regulations] [Title 2, Volume 1] [Revised as of January 1, 2008] From the U.S. Government Printing Office via GPO Access [CITE: 2CFR220.25] [Page 70-71] TITLE 2--GRANTS AND AGREEMENTS CHAPTER II--OFFICE OF MANAGEMENT AND BUDGET CIRCULARS AND GUIDANCE PART 220_COST PRINCIPLES FOR EDUCATIONAL INSTITUTIONS (OMB CIRCULAR A 21)-- Sec. 220.25 OMB responsibilities. OMB is responsible for: (a) Issuing and maintaining the guidance in this part. (b) Interpreting the policy requirements in this part and providing assistance to ensure effective and efficient implementation. [[Page 71]] (c) Granting any deviations to Federal agencies from the guidance in this part, as provided in Appendix A to this part. Exceptions will only be made in particular cases where adequate justification is presented. (d) Conducting broad oversight of government-wide compliance with the guidance in this part.