OMB Uniform Guidance
The Office of Management and Budget (OMB) “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards; Final Rule” was released in the Federal Register on December 26, 2013 (2 CFR Chapter I, Chapter II, Part 200, et al.). Per the OMB website this guidance “will supersede requirements from OMB Circulars A-21, A-87, A-110, and A-122 (which have been placed in 2 C.F.R. Parts 220, 225, 215, and 230); Circulars A-89, A-102, and A-133; and the guidance in Circular A-50 on Single Audit Act follow-up.”
The University of Texas at Austin will implement the Procurement Standards effective September 1, 2018.
Expenditure Review Process Guidance for Vice Presidents in Response to COVID-19
Effective immediately, non-salary expenditure transactions, including those related to currently approved contracts, new procurements, or any new contracted commitments, with a total value of $100,000 or more will require prior approval from the Senior Vice President and CFO. Learn more