FM Standards Annual Update Process

The FM Standards are updated annually to ensure they are kept up to date based on:

Revisions to existing or new authoritative or other references
Agency recommendations
Solution/service provider recommendations
Updates in other standards areas that have a touchpoint with FFM
Feedback provided by the public or industry
Administrative updates based on revisions to FIBF guidance documents or templates

Fiscal Service plans, researches, and prepares the FM Standards updates for Business Standards Council (BSC), public review, and OMB concurrence. The figure below provides an overview of the annual update process and activities. Fiscal Service collaborates with GSA's Office of Shared Solutions and Performance Improvement (OSSPI) through this process.

FMCF Release Schedule - for FIBF Annual Update Process