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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

Before 2013, federal grant requirements were located in multiple OMB circulars. 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. The most recent updates are for 2024.

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