Summary

This regulation from the Department of Transportation (DOT) adopts the Office of Management and Budget's uniform guidelines for administering federal awards, superseding previous DOT-specific rules except for grants and agreements made before December 26, 2014. It defines key terms and structures specific to DOT, including various divisions like the Federal Aviation Administration (FAA) and Federal Highway Administration (FHWA), and outlines how program income from federal awards should be handled. Additionally, it details responsibilities and procedures for DOT components and headquarters, including conflict of interest policies, financial reporting, and the management and procurement of equipment under federal awards.

Estimated Impact