New OMB Uniform Guidance
The Office of Management and Budget "Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards" was released in the Federal Register on December 26, 2013 (2 CFR Chapter I, Chapter II, Part 200, et al.). The effective date is December 26th, 2014 for all federal awards or funding increments provided on or after this date and FY2016 for audit. Existing federal awards received prior to December 26, 2014 will continue to be governed by the terms and conditions under which they were awarded.
The Uniform Guidance is broken down into Subparts. It also contains a preamble that provides the purpose and background as to how certain guidelines were ultimately determined.
Preamble - Major Policy Reforms
Vanderbilt's Presentation on Uniform Guidance
Status of Uniform Guidance Implementation at Vanderbilt
A task force has been in place at Vanderbilt to monitor and respond to the proposed guidance over the last couple of years and has been hard at work reviewing the new Uniform Guidance to determine what changes will be needed at Vanderbilt. The task force will reach out to subject matter experts as needed. The task force members are:
Cathy Snyder, Director, Vanderbilt Costing Activities, Office of Contract and Grant Accounting
Training/Informational sessions are being planned for the research community this fall. Also, this website will be updated as additional information becomes available.