Office of Research Services : The Office of Management and Budget (OMB) Publishes Final Uniform Guidance

The Office of Management and Budget (OMB) Publishes Final Uniform Guidance

On December 26, 2013, OMB published its comprehensive overhaul of federal grant administrative, cost accounting, and audit policies aka "Supercircular" in the Federal Register , to be codified in Title 2 of the Code of Federal Regulations.  This Final Guidance titled "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).  It significantly reforms and strengthens federal grant-making to focus resources on improving performance and outcomes with the intent of reducing administrative burdens for grant applicants and recipients and reducing the risk of waste, fraud and abuse. 
 
The Final Guidance will be effective on December 26, 2014, one year after the publication date.  Audit Requirements will apply to audits of fiscal years beginning on or after December 26, 2014.  For many institutions, this will result in the audit requirements becoming effective for the fiscal year July 1, 2015 – June 30, 2016.
 
A summary of the key reforms impacting the University of Hawai`i is available at:    http://www.ors.hawaii.edu/files/Final_OMB_Guidance_12-26-2013.xlsx.  Additional information has also been published by OMB and the Council on Financial Assistance Reform (COFAR).  ORS will continue to provide updates and further guidance for implementation.
 
For questions regarding OMB's Final Uniform Guidance, please contact Dawn Kim, ORS Compliance Manager, at This email address is being protected from spambots. You need JavaScript enabled to view it. or (808) 956-0396.