A Practice Note discussing the compliance obligations of companies that are awarded federal grants and cooperative agreements. This Note reviews the obligations imposed by the Office of Management and Budget’s (OMB’s) Uniform Guidance Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. This Note covers key obligations and requirements of recipients as well as requirements that must be flowed down to contractors and subrecipients.
Related Insights
23 April 2024
Article
The Rubber Meets the Road on State and Federal Vehicle Emissions Strategies
March and April have been busy months for vehicle emission regulation in the U.S. On March 20 and March 29 respectively, the U.S. Environmental Protection Agency issued a set of final emission rules setting stringent emission standards for all vehicle classes.
09 May 2024
Events
The Changing Hospital Landscape
Foley partner Larry Vernaglia, co-chair of the firm’s Providers of Health Care Services Area of Focus, is moderating a panel at the 2024 Convergence Forum titled “The Changing Hospital Landscape.”
23 April 2024
Article
U.S. Supreme Court Rules That “Pure Omissions” Are Not Actionable Under Rule 10b-5
On April 12, 2024, the United States Supreme Court delivered an important decision on the issue of whether a failure to make disclosure required under Item 303 of Regulation S-K can support a Rule 10b-5 claim, even in the absence of an otherwise-misleading statement.