Three Favorite FAQs For Indirect Costs

In my last article, I posed the question “Do the Uniform Guidance FAQs Really Matter?” As promised, in this second part of the three part series, I’m going to do a deep dive into the world of indirect costs and some of the “unintended consequences” that surfaced in the latest FAQs from OMB. Indirect costs continue to be a source of confusion and opportunity for federal grant recipients. If you feel like you’ve been all alone in deciphering the Uniform Guidance when it comes to indirect costs, I want to assure you that you are not alone. The Office of Budget and Management (OMB) recently released a newly updated set of FAQs to clarify several of these types of issues for grant managers. In this second article of my three-part series on changes to the Uniform Guidance, I’m going to focus on three areas of indirect cost … [Read More...]