Purpose of the Exhibit 54精选.pptVIP

Purpose of the Exhibit 54 June submission – The Department Budget Offices (POB) uses a modified Exhibit 54 format as a mechanism to calculate the Fixed Costs (“inflation”) that we will put into our fall budget submission to OMB. September submission – OMB Circular A-11 requirement. OMB collects them, rarely does anything with them, and gives a copy to GSA so they have an idea of their outyear operating costs and locations where rent needs may be changing in the future. In POB’s opinion the June submission is the most important. Timeline - June June – One week after GSA releases the estimate