Summary

This regulation adopts the Office of Management and Budget (OMB) guidance for managing federal awards, applying uniform administrative requirements, cost principles, and audit standards to non-federal entities, with specific exceptions for foreign and for-profit organizations based on international obligations or foreign government regulations. It mandates that the Department of State (DOS) assess the risk posed by applicants for both competitive and non-competitive awards to ensure proper fund management. Additionally, it outlines procedures for handling intangible property, requiring prior approval for certain costs, and allows the DOS to charge fees for research data requested under the Freedom of Information Act (FOIA).

Estimated Impact