Business · 19/12/2014Updated: 10/17/2026 · 1 min read

Federal Agencies Implement Uniform Guidance for Federal Awards

Summary

The Office of Management and Budget's Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards has been implemented by federal award-making agencies, aiming to reduce administrative burden and increase efficiency in the $600 billion annual federal financial assistance, ultimately benefiting American citizens and the US economy.

Original source language: Federal Register — Small Business AdministrationOpen original release →

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