SPEAR Workshop Presented by: Angie Rowe & Cathi

Transcript:SPEAR Workshop Presented by: Angie Rowe & Cathi:
SPEAR Workshop Presented by: Angie Rowe & Cathi Bass Uniform Guidance: administrative Requirements, Cost Principles and audit Requirements Topics Definition of Uniform Guidance Basic Layout Provide new and/or updated information for Administrative Requirements (formerly A-110) Cost Principles (formerly A-21) Audit Requirements (formerly A-133) 2 What is the Uniform Guidance? Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards - 2 CFR 200 It is the Office of Management and Budget’s (OMB) consolidation of their circulars for costing, administration and audit of Federal awards It replaces 8 circulars and applies to universities, state and local governments, nonprofits, native tribes It was issued on December 26, 2013 It was effective on December 26, 2014 3 2 CFR 200 – Basic Layout 6 Subparts A through F Subpart A, 200.XX – Acronyms & Definitions Subpart B, 200.1XX – General Subpart C, 200.2XX – Pre Award - Federal Subpart D, 200.3XX – Post Award – Recipients Subpart E, 200.4XX – Cost Principles Subpart F, 200.5XX – Audit 11 Appendices - I through XI 4 Subpart A – Acronyms & Definitions §200.00 - 200.99 §200.00 - Acronyms §200.10 - 200.99 - Definitions Use of “should” and “must” Should = best practices/recommended Must = required 5 §200.68 Modified Total Direct Cost Modified Total Direct Cost (MTDC) means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and subawards up to the first $25,000 of each subaward (regardless of the period of performance of the subawards under the award). MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships and fellowships, participant support costs and the portion of each subaward in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs, and with the approval of the cognizant agency for indirect costs. 6 §200.74 Pass-through entity Pass-through entity means a non-Federal entity that provides a subaward to a subrecipient to carry out part of a Federal program. 7 §200.75 Participant support costs Participant support costs means direct costs for items such as stipends or subsistence allowances, travel allowances, and registration fees paid to or on behalf of participants or trainees (but not employees) in connection with conferences, or training projects. 8 Subpart B – General Provisions §200. 100-113 §200.100 Purpose This part establishes uniform administrative requirements, cost principles, and audit requirements for Federal awards to