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De Minimis Rate Increases To Up to 15% for New Awards

Jerry Ashworth

October 1, 2024 at 12:30:04 ET

Now that the Office of Management and Budget’s (OMB) 2024 revisions to Title 2 and the uniform guidance (2 C.F.R. Part 200) have become effective, recipients with no negotiated indirect cost rate may elect to use the increased de minimis rate of up to 15% of modified total direct costs (MTDC) for any new awards (§200.414(f)), as long as a different rate is not required by law. Recip... Read More

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De Minimis Rate Increases To Up to 15% for New Awards

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