OMB Releases SuperCircular
Tomorrow’s Federal Register will publish OMB’s “supercircular.” The official name of the proposal is the OMB Uniform Guidance: Cost Principles, Audit, and Administrate Requirements for Federal Awards.
OMB has published the supercircular and additional resources on its webpage. One resource is the “Crosswalk from Existing Guidance to Proposed Guidance.” This chart explains all the proposed changes. The following is the link to the OMB supercircular and provided resources.
The public will have 90 days to provide comment on the proposed changes.
Management Concepts will release a detailed analysis of the supercircular very shortly. We’ll also be covering the proposed changes and their impact on the grants community in our Federal Grants Update course.