The Office of Management and Budget (OMB) has announced updates to the Uniform Guidance, 2 CFR 200. These revisions went into effect on October 1, 2024 and aim to streamline and enhance federal grant management, promoting greater efficiency and accountability in the administration of federal funds. Key changes include updated cost principles, changes to prior approval requests, and enhanced audit requirements. Please review the link below which includes a summary of the changes and their impacts on the University of Rhode Island.
These revisions are critical for maintaining compliance and ensuring the continued success of our research programs. For more information on the Uniform Guidance changes, the final rule published in the U.S. Federal Register can be found in its entirety here, as well as a redlined version here.