OMB Final Uniform Guidance

effective December 26, 2014

On December 26, 2013, Office of Management and Budget (OMB) published its comprehensive overhaul of federal grant administrative, cost accounting, and audit policies in the Federal Register, to be codified in Title 2 of the Code of Federal Regulations. This final guidance, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, supersedes and combines the requirements of eight existing OMB Circulars (A-21, A-50, A-87, A-89, A-102, A-110, A-122 and A-133). The Uniform Guidance significantly reforms federal grant-making to focus resources on improving performance and outcomes with the intent to reduce administrative burdens for grant applicants and recipients and reduce the risk of waste, fraud, and abuse.

The Uniform Guidance is effective December 26, 2014. New and incrementally-funded awards issued on or after December 26, 2014 will be subject to the Uniform Guidance. Audit Requirements will apply to audits of fiscal years beginning on or after December 26, 2014. For the University of Missouri, the Audit Requirements becoming effective for the fiscal year July 1, 2015–June 30, 2016.

Notice: The University of Missouri System will comply with OMB Circular A-110 Procurement Standards as defined in Subpart C- Post-Award Requirements, Sections .40 - .48 for all federal grant funded procurements, until July 1, 2017.

Effective July 1, 2017, the University of Missouri System will comply with Procurement Standards as defined in 2 CFR 200, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards”, Subpart D, Sections 200.318-200.326, for all Federal grant funded procurements.