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Changes to OMB’s 2 CFR Part 200

Fundraising HayDay

In October 2024, the latest changes to the Office of Management and Budgets (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (also known as 2 CFR Part 200 or Uniform Guidance) went into effect. Many changes were beneficial to grantees.

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A Look at 2024 OMB Uniform Guidance Updates By: Kellie Brungard, GPC

Assel Grant Services

OMB developed a comprehensive guide for the Federal government’s Administrative Requirements, Cost Principles, and Audit Requirements for federal awards that became effective in 2014. In essence, this updated, reorganized, and consolidated federal grant management requirements into a single document.

GPC 40
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OMB’s 2023 Compliance Supplement: Updates & Changes

AmpliFund

It’s relevant to note that federal awarding agencies are encouraged to continue to focus grants management on both compliance and program performance. You can access a full copy of the Compliance Supplement on the OMB’s Office of Federal Financial Management (OFFM) website.