OMB Allowable CostS in the Uniform Regulations

The Office of Management and Budget (OMB) has implemented the final guidance and regulations for the uniform administration of grants and contracts. Per the OMB webpage this guidance “will supersede requirements from OMB Circulars A-21, A-87, A-110, and A-122 (which have been placed in 2 C.F.R. Parts 220, 225, 215, and 230); Circulars A-89, A-102, and A-133; and the guidance in Circular A-50 on Single Audit Act follow-up.” The OMB cost principles, and audit requirements for federal awards; final rule was released in the Federal Register on December 26, 2013 (2 CFR Chapter I, Chapter II, Part 200, et al.). The effective date of the changes is December 26th, 2014. The purpose of the uniform regulations and guidance is to improve performance, transparency, and oversight of Federal Awards.

The full Uniform Guidance is listed below: 2 CFR 200, Uniform Guidance (Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards)

Agency Implementation:

National Institutes of Health (NIH)

National Science Foundation (NSF)

Office of Management and Budget (OMB) Resources

 NCURA Key Videos on Uniform Guidance

Contact Meharry’s Grants Management Office, 615.327.6738, if additional information is needed.