With the effective date of the updated Uniform Guidance fast approaching, the increase in the de minimis rate from 10% to up to 15% of modified total direct costs invites the question: should a CAA elect to use the new de minimis rate? To help CAAs understand the new de minimis rate and other related adjustments to the Uniform Guidance that impact cost recovery, CAPLAW hosted a two-part webinar series with financial expert Kay Sohl.

Part 2 focused on practical examples that illustrate the application of the rate and potential challenges discussed in Part 1, such as when specific funding sources impose limits on administrative cost recovery. The webinar also answered questions posed in Part 1 as well as in Part 2 with the goal of helping CAAs think through their cost recovery strategies and approaches in light of the changes to the Uniform Guidance. Click here to watch a recording and view slides of Part 1 of the webinar series.