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Office of the Assistant Secretary for Administration and Management

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Financial Management

About FMS

The Financial Management Service (FMS) supports the financial operations of HHS and other Departments through the provision of payment management services for Departmental and other Federal grant and program activities, accounting and fiscal services, debt management services, travel management, and resource management, and the review, negotiation and approval of rates, including indirect cost rates, research patient care rates, and fringe benefit rates. FMS consists of the following departments: the Division of Financial Operations (DFO), the Division of Payment Management (DPM) and the Division of Cost Allocation.

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Last revised: October 14, 2003

 

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