Research Policy Analysis and Coordination
OMB Uniform Guidance
2024 Revisions & Resources
On April 22, 2024, OMB finalized significant revisions to the Uniform Guidance (2 CFR), which include changes such as removing the DS-2 requirement for certain institutions, raising the equipment capitalization threshold to $10,000, and increasing the de minimis indirect cost rate to 15%.
The 2024 Revisions went into effect on October 1, 2024; however, some implementation aspects, particularly those impacting UC’s federally negotiated indirect cost rates or requiring university-wide policy changes, may take effect later depending on specific circumstances.
This page contains information that supports the implementation of the 2024 Revisions.
- OMB Guidance for Federal Financial Assistance (2024 Revisions); Federal Register, Vol. 89, No. 78, April 22, 2024 (pdf)
- OMB unofficial document comparing 2024 Revisions with 2020 version (pdf)
- OMB spreadsheet showing a crosswalk of 2024 Revisions with 2020 version (xls)
- OMB Implementation Memo (M-24-11) regarding 2024 Revisions (pdf)
- COFFA additional supplementary information to assist Federal agencies with implementing 2024 Revisions (pdf)