ADVOCATE – June 17, 2026
OMB Issues Proposed Rule Revising 2 CFR Guidance for Federal Financial Assistance Regulations
On May 29, the Office of Management and Budget (OMB) and 41 other federal agencies published a proposed rule modifying numerous parts of the rules at 2 CFR: Federal Financial Assistance. The proposal includes significant changes to 2 CFR Part 200, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.”
Read More