Join us for a discussion of key, potential changes on the horizon to the rules that govern the administration and use of federal awards. On October 5, 2023, the Office of Management and Budget (OMB) published proposed revisions to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). If implemented, the revisions could result in a number of impactful changes, including increasing the de minimis rate for indirect cost recovery from 10% to 15%; removing certain prior written approval requirements; clarifying when recipients and subrecipients may notify OMB of disputes with regard to a Federal agency’s acceptance of a federally negotiated indirect cost rate; and more. We will share our analysis of the proposed changes and our understanding of their potential implications for federal grant recipients and subrecipients. We’d also like to hear your thoughts, especially with respect to any feedback you think is important to share with OMB.
Let’s Talk About Changes to the Uniform Guidance
November 28, 2023