Compliance 2.0 Office of Management and Budget - OMB Circulars Shubnum assists in providing compliance with the following OMB Circulars:   2.1 OMB Circular No. A-123, pursuant to 31 U.S.C. section 3512; Revised July 21, 1995 Management Accountability and Control “ 1. Purpose and Authority: … help ensure accountability for results, and include appropriate, cost-effective controls… improving the accountability and effectiveness of Federal Programs.” “ 2. Policy: … managers are responsible for the quality and timeliness of program performance, increasing productivity, controlling costs … programs are managed with integrity and in compliance with applicable law.” Shubnum’s products and services assist program managers in 1) improving quality 2) improving timeliness 3) increasing productivity 4) controlling costs and 5) complying with the law. These products and services provide processes for planning, strategizing, organizing, directing and controlling program operations, to improve accountability and effectiveness of Federal Programs. 2.2 OMB Circular No. A-76, pursuant to 31 U.S.C. section 1111; Revised November 14, 2002 Performance of commercial activities “ 4. Policy. … For the American people to receive maximum value for their tax dollar, all commercial activities performed by government personnel…” “ 4. Policy (f) Centralize oversight responsibility …” “ 4. Policy (g) Require full accountability …” Shubnum’s services and products assist agencies in (i) creating value for the taxpayer’s dollar (ii) providing oversight and (iii) providing accountability of capital. 2.3 OMB Circular No. A-131, pursuant to 31 U.S.C. , section 1111; May 21, 1993 Value Engineering “ 7. Policy: Federal agencies shall use VE as a management tool to … identify and remove nonessential capital and operating costs, and improve and maintain optimum quality of program and acquisition functions. Senior management will establish and maintain VE programs, procedures and processes to provide for the aggressive, systematic development and maintenance of the most effective, efficient, and economical and environmentally-sound arrangements for conducting the work of agencies, and to provide a sound basis for identifying and reporting accomplishments.” “8(b) Develop criteria and guidelines for both in-house personnel and contractors to identify programs/projects with the most potential to yield savings from the application of VE techniques.” “8(b)(2) … minimum threshold for agency projects and programs which require the application of VE is $ 1million.” “8(g) Adhere to the acquisition requirements of the FAR, including the use of VE clauses set forth in Parts 48 and 52.” “8(h) Develop annual plans for using VE in the agency …” “11. Related Guidance: In general, value engineering investments should have positive net present value when discounted with the appropriate interest rate, as described in OMB Circular No. A-94, section 8c…” Shubnum’s products and services assist in complying with the requirements of the Circular A-131. In addition, Shubnum’s products and services provide measurable value and the value engineering investments provide a ‘positive net present value’ as required by Circular A-94 noted below. Shubnum generally provides a large enough value to not only pay for its products and services but also provide an excellent return on the value engineering investment. In this context, these products and services are self-funded. 2.4 OMB Circular No. A-94, pursuant to 31 U.S.C. section 1111 and Budget and Accounting Act of 1921 Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs “Purpose: The goal of this circular is to promote efficient resource allocation through well-informed decision-making by the Federal Government… conducting benefit-cost and cost-effectiveness analyses.” “ 4. Scope, a ... guidelines in this circular apply to any analyses used to support Government decision to initiate, renew, or expand programs or projects which would result in a series of measurable benefits or costs…” Products and services of Shubnum provide a ‘positive net present value’ to Federal programs and project applications, based on this Circular. The results of such products and services are measurable and tangible benefits and costs, to the taxpayer. Refer to the Return on Investment analysis over a 60-day period for a sample project utilizing such proprietary products and services: