📄Updates to Federal Financial Assistance Guidance for Grants
Retroactive Application of the Revised Version of the Guidance for Federal Financial Assistance
Summary
The Secretary announces updates to awardees' Grant Award Notices (GANs) to conform the retroactive application of the 2024 revision of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance) to cross-agency understandings and established interpretive principles. This update applies to all Department grants that are subject to the Uniform Guidance and withdraws and supersedes prior Department policies and actions, including the notice titled Application of the Revised Version of the Uniform Guidance to Department Grants published on Jan. 16, 2025.
Agencies
- Education Department
Business Impact
$$$ - High
The notice affects federal grant administration, specifically clarifying compliance with the revised Uniform Guidance. This impacts businesses applying for federal grants, as they must adhere to updated terms and conditions. The retroactive application clarification ensures compliance certainty and aligns with federal practices.