Let’s start by defining a passthrough entity. A passthrough entity (PTE) is a non-federal entity that provides a subaward to a recipient to carry out part of a federal program. If you are a PTE of a federal grant, there are prescribed requirements you must...
On March 19, 2021, the Office of Management and Budget (OMB) published Memorandum M-21-20 – Promoting Public Trust in the Federal Government through Effective Implementation of the American Rescue Plan Act and Stewardship of the Taxpayer Resources to outline the...
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.” The memo was broken into five sections: Improving Program...
On January 25, 2021, President Biden signed an Executive Order (EO) that ensures that the future is made in America by all Americans. In fact, the full title is “Executive Order on Ensuring the Future is Made in America by All Americans.” The EO places conditions on...
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...
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...
