The much anticipated “Proposed OMB Uniform Guidance: Cost Principles, Audit, and Administrative Requirements for Federal Awards” was released this February. The February 1, 2013 – Federal Register Notice can be found at:
The proposed changes would consolidate many of the applicable circulars such as A-110, A-21, and A-133 into one document. The proposed guidance is over 240 pages long. The University is in the process of reviewing the changes and will respond by the extended deadline of June 2, 2013. Overall, we are pleased with the proposed OMB Guidance. The link below provides a preliminary assessment of the changes from COGR.
If you have any questions regarding these changes, please contact your campus sponsored programs office.