The Office of Management and Budget published the Final Rule to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”), as codified at 2 C.F.R. Part 200 in the Federal Register on April 19, 2024. The substantive changes for federal grantees include major modifications to:

• Equipment-Related Thresholds
• De minimis Indirect Cost Rates
• Fixed Amount Awards and Subawards
• Mandatory Disclosures
• Cybersecurity Internal Controls
• Procurement by States and Indian Tribes
• Single Audit

For a deeper dive into the changes and potential implications for your organization, read our previous client alert here and register for Feldesman’s Changes to the Uniform Guidance webinar, now available on-demand here.

For additional information, please contact the attorneys in Feldesman’s Federal Grants practice group:

• Ted Waters, Managing Partner
• Scott S. Sheffler, Partner
• Rosie Dawn Griffin, Partner
• Mindy B. Pava, Partner
• Phillip A. Escoriaza, Senior Counsel