Which act requires uniform administrative requirements for federal awards?

Prepare for the Certified Grants Management Specialist Exam. Study with our interactive quizzes and multiple-choice questions, each with hints and explanations. Get exam-ready and boost your career in grants management!

The Uniform Guidance, specifically 2 CFR Part 200, is the act that establishes uniform administrative requirements, cost principles, and audit requirements for federal awards. It was developed to streamline and simplify the federal grant-making process and provide consistent standards that all federal agencies and recipients must adhere to. This ensures that there is a cohesive approach to how federal funds are managed across various programs and agencies, thus enhancing efficiency and accountability.

The Uniform Guidance covers aspects such as pre-award requirements, post-award management, standards for financial management systems, and the auditing process, thereby creating a comprehensive framework for grant recipients. This uniformity helps reduce the administrative burden on both grant recipients and federal agencies and facilitates clearer compliance and reporting requirements.

The other options do not provide a uniform framework specifically for federal awards as comprehensively as the Uniform Guidance does. The Federal Grant Act and the Grant Accountability Act may refer to grant policies but do not enforce a uniform standard across all federal awards. The Administrative Procedures Act pertains more to the processes federal agencies must follow in their rulemaking and administrative procedures, rather than focusing specifically on grants management.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy