In her presentation at the National Grants Management Association (NGMA) Annual Grants Training this morning, Deidre Harrison, Deputy Controller, Office of Management and Budget (OMB), announced that the Final Rule updating the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) as codified at 2 C.F.R. Part 200 is approaching completion, with a goal of being issued in “weeks, not months.” Additionally, the highly anticipated final issuance is expected to be accompanied by an extensive preamble.

For more information on the Proposed Rule please see our attorney’s commentary on the potential impacts on your organization here.

For any questions regarding the updated Final Rule for the Uniform Guidance, please contact Scott S. Sheffler (ssheffler@feldesman.com) or call 202.466.8960.