What Does the Compliance Supplement "5-Year Review" Really Mean?

Thompson Grants attended several informative sessions at the recent Grant Professionals Association's annual conference, including one led by the Office of Management and Budget. We learned that OMB is preparing to release a proposed rule as part of its required "five-year review" of the uniform grant guidance, but that the agency still cannot provide any specific details on the proposal. This video provides some information about this presentation, and goes into more detail on the background of this five-year review, and what the pace of the proposed rule could mean for the future.