Client AlertExecutive Summary
On May 29, 2026, the Office of Management and Budget (OMB) published a proposed rule (Regulation for Federal Financial Assistance, 91 Fed. Reg. 32,198 (May 29, 2026)), that would significantly revise 2 C.F.R. Part 200, the Guidance for Federal Financial Assistance (also known as the “Uniform Guidance”), which governs federal grants, cooperative agreements and other forms of financial assistance. The proposed rule implements changes, in part, pursuant to Executive Or...
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