Grant Rules & Regulations
To create consistency in requirements and reduce the administrative burden of administering grant awards, government cost principles and uniform administrative requirements were developed and are now housed in the Code of Federal Regulations (CFR) and in the Office of Management and Budget (OMB) circulars.
The Uniform Guidance, Cost Principles & Audit Requirements
The newly implemented Uniform Guidance, Cost Principles & Audit Requirements (2 CFR Part 200) applies to all awards, Stafford Act declarations and selected funding increments issued on or after December 26, 2014.
For awards and disaster declarations made prior to December 26, 2014, the previously approved set of Federal guidance documents that determine allowable costs and administrative requirements remain in effect. These guidance documents are listed below by type of organization.
Profit Making Organizations follow:
Governmentwide Common Rules (for all grants)
Governmentwide Debarment and Suspension – 2 CFR Part 180