OMB 2 CFR § 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
In 2013, the Federal Office of Management and Budget (OMB) issued final guidance on administrative requirements, cost principles and audit requirements for federal awards. This guidance will supersede requirements from eight OMB Circulars including A-21, Cost Principles; A-110, Administrative Requirements; and A-133, Audit Requirements.
OMB Policy Statements on Uniform Guidance provide the following resources:
- Uniform Guidance Crosswalk from Existing Guidance to Final Guidance highlights policy changes, clarifications, and updates to policy provisions.
- The text comparison documents chart the existing circular language with the new uniform guidance
For more information and “Frequently Asked Questions” on Federal grant management policies or the Council on Financial Assistance Reform, please visit The Chief Financial Officers Council
These new federal policies become effective for new federal awards and new funding for existing awards on December 26, 2014.
Federal agencies must develop their own agency-specific policies that conform to the Uniform Guidance.