The new rules took effect with federal awards made after Dec. 26, 2014, including additional funding increments to existing awards. Some of the necessary policy changes will take time to research and implement, but may offer streamlined processes and potential cost savings. Mitigate any potential risk to your programs and understand the impact on your budget by assessing the impact of these changes today. Here are some resources and tools to get you started:
For more information on this topic, or to learn how Baker Tilly grant reform specialists can help, contact our team.