IF YOU DON’T LIKE THE REQUIREMENTS, DON’T TAKE THE MONEY! These revisions pertain solely to assistance awards (cooperative agreements, grants) and is not applicable to acquisition awards (contracts). How did we get there?December 26, 2013 – The Office of Management and Budget (OMB) issued final guidance titled “Uniform Guidance”April 22, 2024 OMB Issued the latest … [Read more…]
2 CFR 200, also known as the “Uniform Guidance” consists of Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. It was issued by The Office of Management and Budget’s (OMB) on December 26, 2013 and was compiled from previously separate OMB circulars that addressed separately administrative requirements, audits, and cost principles for specific … [Read more…]
OMB’s Proposed Changes to the Uniform Grants Guidance. Earlier today OMB posted a blog highlighting proposed updates to the Uniform Grants Guidance. OMB concurrently submitted the proposed updates to the Federal Register, which will be posted for public comment soon for a period of 60 days. We will provide an update when the notice is published … [Read more…]