Uniform Guidance -- Last Update 11/4/2013
The Office of Sponsored Programs stays abreast of federal guideline changes pertinent to the expenditure of grant funds as well as changes to applications for competitively awarded federal grant funds. The most recent development is the consolidation of all cost circulars that govern the expenditure of federal grant funds into one guide called the "Uniform Guidance." It becomes effective December 26th of 2014.
By way of background, in 2013, the Federal Office of Management and Budget (OMB) issued final guidance on administrative requirements, cost principles and audit requirements for federal awards (which includes research grant awards). Per the OMB website this guidance "will supersede requirements from OMB Circulars A-21, A-87, A-110 and A-122 (which have been placed in 2 C.F.R. Parts 220, 225, 215 and 230); Circulars A-89, A-102 and A-133; and the guidance in Circular A-50 on Single Audit Act follow-up."
The announcement in the Federal Register, Volume 78, Number 248, on December 26, 2013 includes a long preamble that describes the objectives of OMB and the Council on Financial Assistance Reform (COFAR), the background surrounding the guidance and the major reforms. The actual text of the guidance as codified in 2 CFR Part 200 follows the preamble.