A Summary of OMB Memorandum M-21-20

OMB Memorandum M-21-20 was broken into five sections that either underscore the federal government’s need for a swift response to the public health crisis, outline its commitment to accountability and transparency of ARP spending, or ensure that all Americans are supported through the advancement of racial equity and that underserved communities are supported.

A Summary of Appendix 3 of OMB Memorandum M-21-20

On March 19, 2021, the Office of Management and Budget (OMB) published Memorandum M-21-20 to outline the Administration’s approach to “effective implementation and stewardship of American Rescue Plan funds.” This post will summarize the twelve flexibilities outlined in Appendix 3.

Uniform Guidance – The Final 2020 Edition

The August 13, 2020 issue of the Federal Register included the final guidance for the revision of 2 CFR 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). All revisions except amendments to two sections are effective November 12, 2020; two sections became effective the date of publication in theContinue reading “Uniform Guidance – The Final 2020 Edition”

(Updated) – A Summary of OMB M-20-17: Administrative Relief for Recipients of Federal Financial Assistance Impacted by COVID-19

This post was updated on June 23, 2020 to include the extension of expiration dates for two areas of administrative relief as outlined in M-20-26 released on June 18, 2020. On March 19, 2020, the Office of Management and Budget released M-20-17, Administrative Relief to Recipients and Applicants of Federal Financial Assistance Directly Impacted by theContinue reading “(Updated) – A Summary of OMB M-20-17: Administrative Relief for Recipients of Federal Financial Assistance Impacted by COVID-19”

Proposed Changes to Uniform Guidance

What is Uniform Guidance? Uniform Guidance (2 CFR 200) is the culmination of extensive collaboration between the Office of Management and Budget and federal awarding agencies to improve the transparency, oversight and performance of federal awards to non-federal entities. When OMB released the final draft of Uniform Guidance (2 CFR 200) in December 2014, itContinue reading “Proposed Changes to Uniform Guidance”

What is the GREAT Act?

The GREAT Act and its impact on your federal grants The Grant Reporting Efficiency and Agreements Transparency Act was signed into law on December 30, 2019.  It calls for the Office of Management and Budget (OMB) to partner with the federal agency that awards the most grants and cooperative agreements to develop a governmentwide standardContinue reading “What is the GREAT Act?”

(Updated) – The UEI is Coming

What is the Unique Entity Identifier (UEI)? The federal government’s transition from the D-U-N-S number to the Unique Entity Identifier will now be effective in April 2022 instead of December 2020. Organizations that plan to apply for a grant will need a Unique Entity Identifier in SAM.gov. The Unique Entity Identifier is the new identifier anyContinue reading “(Updated) – The UEI is Coming”