On January 22, 2020, the Office of Management and Budget (OMB) issued proposed revisions to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). We previously wrote about noteworthy items in the proposed rule here.
Those changes have arrived and are scheduled to be published in the Federal Register tomorrow, August 13, 2020. The pre-publication version of the final guidance is available here, and you can download a pdf copy here. This is the first major substantive revision to the Uniform Guidance since 2014.
FTLF attorneys are conducting a thorough examination of the changes and will be providing a more substantive update in another Client Alert next week.
In addition, we are hosting a webinar on Monday, August 24, 2020, at 1 PM ET to share our observations on the key revisions, highlight particularly impactful changes, and discuss the potential implications for grantees. You may register here.
In the meantime, if you have any questions on this or other federal grant law matters, please reach out to your regular contact at FTLF or any of attorneys from our Federal Grant Law Practice Group listed below: