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O

O&M

Operation and Maintenance

Entry link: O&M

Objective

The "Objective" is a critical element in the Project Statement that captures the desired outcome of the proposed project in terms that are specific and quantified.


Entry link: Objective

Obligation

A commitment of federal funds to a grant.


Entry link: Obligation

Office of Conservation Investment

The Wildlife and Sportfish Restoration Program is now the Office of Conservation Investment. The Office of Conservation Investment funds conservation and connects people with nature through grants that support conservation efforts with partners. We provide technical assistance and administer grants that distribute millions of dollars annually to support fish and wildlife conservation, habitat conservation, clean water, fish and wildlife health, imperiled and endangered species conservation, coastal wetlands enhancement, public safety programs, and outdoor access pursuits like hunting, fishing, target shooting, and boating. To learn more visit: https://www.fws.gov/program/office-conservation-investment

Entry link: Office of Conservation Investment

OIG

Office of Inspector General

The Department of Interior Office of Inspector General coordinates all audits, investigations, and other activities in the Department designed to promote economy and efficiency or prevent and detect fraud, waste and abuse.


Entry link: OIG

OMB

Office of Management and Budget.

A branch of the Executive Office of the President. OMB helps the President formulate his spending plans, evaluates the effectiveness of agency programs, and sets funding priorities.



Entry link: OMB

Operations

Activities done on a frequent cycle (daily, weekly, monthly – more often than cyclical maintenance) and are actions that support the availability of the facility and its components for current public use. Operations may be physical or administrative.

Entry link: Operations

Overmatch

Costs in excess of the total approved grant cost, but were necessary and reasonable to accomplish the grant objectives.


Entry link: Overmatch

Oversight Agency for Audit

The Federal awarding agency that provides the predominant amount of funding directly (direct funding) (as listed on the schedule of expenditures of Federal awards, see § 200.510(b)) to a non-Federal entity unless OMB designates a specific cognizant agency for audit. When the direct funding represents less than 25 percent of the total Federal expenditures (as direct and sub-awards) by the non-Federal entity, then the Federal agency with the predominant amount of total funding is the designated oversight agency for audit. When there is no direct funding, the Federal awarding agency which is the predominant source of pass-through funding must assume the oversight responsibilities. The duties of the oversight agency for audit and the process for any reassignments are described in § 200.513(b).

Entry link: Oversight Agency for Audit

Ownership Interest

Who owns the land the grantee, another state agency or a third party.

Entry link: Ownership Interest


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