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Routine Rule Amended Final

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

Favicon for www.federalregister.gov FR: Gulf Coast Ecosystem Restoration Council
Published October 1st, 2024
Detected March 14th, 2026
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Summary

The Gulf Coast Ecosystem Restoration Council has published a final rule amending the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. This rule updates the existing regulations governing federal awards.

What changed

The Gulf Coast Ecosystem Restoration Council has issued a final rule amending the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. This update, published in the Federal Register, modifies the existing regulatory framework governing federal awards, aligning with standard government practices.

This rule is effective October 1, 2024. Regulated entities, primarily government agencies receiving federal awards, should review the updated requirements to ensure ongoing compliance with administrative, cost principles, and audit standards. No specific compliance actions or deadlines beyond the effective date are detailed in this notice.

What to do next

  1. Review updated Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.

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Legal Status

Rule

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

A Rule by the Gulf Coast Ecosystem Restoration Council on 09/16/2024

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Published Document: 2024-20667 (89 FR 75445) This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

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Gulf Coast Ecosystem Restoration Council
  1. 2 CFR Part 5900
  2. [Docket Number: 109092024-1111-04]

AGENCY:

Gulf Coast Ecosystem Restoration Council.

ACTION:

Final rule.

SUMMARY:

The Gulf Coast Ecosystem Restoration Council (Council) publishes this rule to supersede the Council's regulation for Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, in connection with the Office of Management and Budget's (OMB) recent revisions to its guidance on Grants and Agreements.

DATES:

This rule is effective October 1, 2024.

FOR FURTHER INFORMATION CONTACT:

Joshua Easton at 504-252-7717 or joshua.easton@restorethegulf.gov.

SUPPLEMENTARY INFORMATION:

On April 22, 2024, OMB issued a final rule revising its Guidance for Grants and Agreements, henceforth to be known as the OMB Guidance for Federal Financial Assistance, effective October 1, 2024 (89 FR 30046, April 22, 2024). The Council publishes this final rule to adopt OMB's revisions to 2 CFR part 200, except for 2 CFR 200.322(c).

Classification

Paperwork Reduction Act

This rule contains no collections of information subject to the requirements of the Paperwork Reduction Act (44 U.S.C. 3506). Notwithstanding any other provision of law, no person is required to respond to, nor shall any person be subject to a penalty for failure to comply with, a collection of information subject to the Paperwork Reduction Act unless that collection displays a currently valid OMB Control Number.

Regulatory Flexibility Act

Because notice and opportunity for comment are not required pursuant to 5 U.S.C. 553 or any other law, the analytical requirements of the Regulatory Flexibility Act (5 U.S.C. 601 et seq.) are inapplicable. Therefore, a regulatory flexibility analysis is not required and has not been prepared.

List of Subjects in 2 CFR Part 5900

  • Accounting
  • Administrative practice and procedure
  • Education
  • Grant programs
  • Grants administration For the reasons set forth above, part 5900 of title 2, chapter LIX of the Code of Federal Regulations is amended as follows:

PART 5900—UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS

  1. The authority citation for part 5900 continues to read as follows:

Authority: 5 U.S.C. 301; 33 U.S.C. 1321(t)(2); 2 CFR part 200.

  1. Section 5900.101 is revised to read as follows:

§  5900.101 Adoption of 2 CFR part 200. The Gulf Coast Ecosystem Restoration Council adopts the Office of Management and Budget guidance in 2 CFR part 200, as revised effective October 1, 2024, except for 2 CFR 200.322(c) (collectively, OMB guidance). This part gives regulatory effect to the OMB guidance.

Keala Hughes,

Director of External Affairs & Tribal Relations Gulf Coast Ecosystem Restoration Council.

[FR Doc. 2024-20667 Filed 9-13-24; 8:45 am]

BILLING CODE 6560-58-P

Published Document: 2024-20667 (89 FR 75445)

Classification

Agency
Office of the Federal Register
Published
October 1st, 2024
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Government agencies
Geographic scope
National (US)

Taxonomy

Primary area
Financial Services
Operational domain
Compliance
Topics
Government Contracting Public Administration

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