NMU's Compliance Database - Northern Michigan University
The Office of Management and Budget's (OMB) Uniform Guidance - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
| Reviewed By | Internal Auditor Owner |
| Regulation Reference Cite | 2 C.F.R. § 220 |
| Report Due Date (Actual) | N/A |
| Level | Requirement |
| Oversight Unit | CONTROLLERS OFFICE |
| Person Responsible | Kathleen Frazier |
| Secondary Person Responsible | Jamie Beauchamp |
| President / VP Level | Finance |
| Description |
OMB Circular establishing principles for determining costs applicable to grants, contracts, and other agreements with educational institutions. OMB- A-21 will be superseded by new guidance, upon implementation: Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Requires that costs be handled consistently across the University. |
| Contacts and Data Sources |
| TBD |
| Internal Notes |
| This compliance item has notes that are available internally to the oversight unit. Please contact the Risk Management Department for more information |