USAID recently issued answers to questions raised in the roll-out of the 2 CFR 200 revisions. No surprises, but additional background and information to help understand and manage the revisions. Topics include:
- Management of the de minimus rate
- Amendments to awards to implement the revised Standard Provisions
- Background on the requirement for FAA grantees to certify costs in accordance with 2 CFR 200.403
- FAA record retention requirements
- Changes to approval requirements to issue subawards
Read the FAQs here.