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What the New OMB Uniform Guidance Means

Uniform Guidance Update

In 2024, OMB released an updated version of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (known as the "Uniform Guidance" or "Part 200"), along with other guidance updates. The Code of Federal Regulations, in 2 C.F.R. Part 200, will be revised to reflect the updated Uniform Guidance on October 1, 2024, the effective date of OMB's updates...