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Michelle Bulls: This is Michelle Bulls; I am the Director for the Office of Policy for Extramural Research Administration here at the NIH. And Im joined here with my colleague and friend, Kristin Ta. Kristin Ta: Hi, Im Kristin Ta. Im a Senior Advisor also in the Office of Policy for Extramural Research Administration or OPERA. Michelle Bulls: So were going to talk to you about how changes to the Title 2 CFR Part 200 affect you. So Kristin, lets go. Kristin Ta: Alright. So the first question we always get when we tell folks were going to present about Title 2 is, what is Title 2? So can you tell us a little bit about that, Michelle? Michelle Bulls: Title 2 is a direct regulation out of the Office of Management and Budget. We are excited to be linked and connected to OMB, which connects to the HHS Office of Grants Policy. And so for us, we are looking at implementing Title 2 within NIH, the way OMB has outlined it in whole cloth. We also support the HHS Office of G