Rumors and whispers concerning federal grant reform became real with the release of the Office of Management and Budget (OMB) Uniform Guidance (2 CFR 200) on December 26 of last year. Commonly known as the Super Circular or Omni-Circular, the Uniform Guidance takes effect the same date this year. The new regulations are intended to improve the federal grant award process by providing a framework that focuses on performance over compliance; ensuring financial integrity and enhancing existing or future federal award guidelines; streamlining the administrative, costing principles, and audit administrative for federal awards; and strengthening federal grant oversight to better protect against “waste, fraud, and abuse.” The overarching goal is to provide “a backbone for sound financial federal award management.”Read More
Several years ago, when I was asked to write my first Economic Development Administration (EDA) Public Works and Economic Adjustment Assistance grant for a client, my first step was to learn as much as I could about those who would read and evaluate the application. I searched the EDA website, where I found a treasure trove of statistics, studies, demographics, economic indicators, and other information that helped make me a mini-expert on the subject.