As part of an effort to reform and strengthen Federal grant making, the Office of Management and Budget (OMB) published new guidance for the Federal award programs, OMB Uniform Guidance: Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, commonly referred to as the Omni Circular. The new guidance is a key component of a larger Federal effort to more effectively focus Federal grant resources on improving performance and outcomes while ensuring the financial integrity of taxpayer dollars. By streamlining eight Federal regulations into a single, comprehensive policy guide, the government can better administer grants and other types of financial assistance by decreasing the administrative burden for recipients and reducing the risk of waste, fraud and abuse.
The new guidance, published on December 26, 2013, will be implemented on December 26, 2014. In the interim, OMB and the Council on Financial Assistance Reform (COFAR) will continue to engage stakeholders to facilitate a smooth implementation process. To assist in the implementation of the new guidance, the Department of Education (ED) has plans to train ED staff and grantees on the new requirements. You can find an announcement from the Department and more information on ED grant policies on the Grant Policy Memos page.
You can email questions related to the Omni Circular to: UniformGrantGuidanceImplementation@ed.gov.