CIO Research Library

OMB requires that capital requests be captured and submitted electronically in a consistent format known as Exhibits 300 and 53. The goals are that each funding request should be aligned with the agency's mission and objectives, and that funding approval depends on the strength of each business case. Agencies are challenged to comply with these reporting requirements while making the strongest case possible for funding. To make things even more daunting, the OMB requirements are frequently being updated, and it's difficult to keep abreast of the changes.