Tag Archives: grants

COFAR Disbandment and the 2 CFR 200 FAQs You Need to Know

On June 15, 2017, through Memorandum M-17-26, the Office of Management and Budget (OMB) disbanded the Council on Financial Assistance Reform (COFAR). Originally established in 2011, the COFAR was an interagency group of Executive Branch officials that coordinated financial assistance on grants and cooperative agreements, integrating the uniform grant guidance (2 CFR 200), as well as ideas and best practices among executive departments and agencies. Continue reading COFAR Disbandment and the 2 CFR 200 FAQs You Need to Know

OMB Circular: Grants

Ryan Byrd and Mia Bautista will present on new requirements and new agency guidance for the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, which streamlines into one document the guidance governing federal grants and cooperative agreements. Continue reading OMB Circular: Grants

NASA Proposed Rule: Clarification of Profit and Fee on Federal Financial Assistance Awards (RIN 2700-AD79)

NASA is proposing to revise the NASA Grant & Cooperative Agreement Handbook to clarify that the agency does not pay profit or fee on Federal Financial Assistance awards (i.e., grants and cooperative agreements) to non-profit organizations (RIN 2700-AD79). Continue reading NASA Proposed Rule: Clarification of Profit and Fee on Federal Financial Assistance Awards (RIN 2700-AD79)