What is OMB uniform guidance?
What is OMB uniform guidance?
In plain English, the Uniform Guidance is simply a set of authoritative rules and regulations about federal grants from the Office of Management and Budget (OMB). This “guidance” is designed to keep everyone in the federal grants community – Congress, grant-making agencies, and applicants – on the same page.
Why did OMB develop the uniform guidance?
The reforms that comprise the Uniform Guidance aim to reduce the administrative burden on award recipients and, at the same time, guard against the risk of waste and misuse of Federal funds.
Who does the uniform guidance apply to?
Answer: The Uniform Guidance applies to all new grant awards and non-competing continuations (NCCs) made on or after 12/26/2014 (see 2 CFR § 200.110). The Uniform Guidance also applies to any administrative actions or supplements made to those awards that were made on or after 12/26/2014.
How often is the OMB supposed to review the uniform grants guidance?
Uniform Guidance is required to be reviewed every five years in accordance with 2 CFR 200.109. Accordingly, the Office of Management and Budget (OMB) issued the following proposed changes to the Uniform Guidance in a Federal Register (FR) notice of Proposed Guidance, Guidance for Grants and Agreements.
What is a uniform guidance audit?
In the United States, the Single Audit, Subpart F of the OMB Uniform Guidance, is a rigorous, organization-wide audit or examination of an entity that expends $750,000 or more of federal assistance (commonly known as federal funds, federal grants, or federal awards) received for its operations.
When did uniform guidance replace a 133?
On December 26, 2013, OMB Circular A-133 was superseded by the issuance of 2 CFR part 200, subpart F.
When did uniform guidance go into effect?
The Uniform Guidance applies to all new federal awards issued on or after December 26, 2014, and is applicable to non-federal entities who obtain federal awards, such as federal grants and loans.
When was the uniform guidance last updated?
November 12, 2020
The objectives of the most recent updates to the Uniform Guidance were to modernize reporting for federal grant recipients, reduce administrative burden, and to clarify areas of misinterpretations. The effective date of the Uniform Guidance revisions is November 12, 2020, with a few caveats and exceptions.
Where is the uniform guidance?
Where Can I Find It? The Guidance has been incorporated into the Code of Federal Regulations (CFR), which contains the rules published by the various departments and agencies of the Federal Government. The Guidance is located in Title 2, Part 200 of the CFR (2 CFR Part 200).