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A Look at 2024 OMB Uniform Guidance Updates By: Kellie Brungard, GPC

Assel Grant Services

The most recent updates are for 2024. The OMB’s recently approved revisions will go into effect on October 1, 2024. These revisions address key barriers prospective organizations encounter, such as language or indirect cost rates. What updates were made? Raising the level of single audit requirements from $750,000 to $1,000,000.

GPC 40
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Advocating for Real Costs and Organizational Expenses by Megan Campbell, MPA, GPC

Assel Grant Services

Even the federal government is considering increasing the de minimus indirect cost rate from 10% to 15% in 2024. matching requirements, supplanting issues, indirect costs, prevailing rates, performance-based fees, client fees, collective bargaining, allowable versus non-allowable cost)

GPC 40