2 CFR 200.302 - Financial management

Cite as2 CFR 200.302
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15 practice notes
1 cases
  • United States ex rel. Menoher v. Fpolisolutions, LLC, Civil Action 19-855
    • United States
    • U.S. District Court — Western District of Pennsylvania
    • August 10, 2021
    ...¶¶ 21-24. To obtain each award or contract, FPoli certified to DOE that its financial management system met the standards set forth in 2 C.F.R § 200.302, requiring the ability to trace all funds “to a level of expenditures adequate to establish that such funds have been used according to th......
3 firm's commentaries
  • OMB Issues Additional Guidance to Grant Recipients
    • United States
    • LexBlog United States
    • March 23, 2020
    ...and the benefit to the project. Recipients are required to maintain appropriate records and cost documentation as required by 2 C.F.R. § 200.302 to substantial any salaries or costs related to interruption of project operations or services. Allowability of Costs not Normally Chargeable to A......
  • Federal Grant And Contract News For Nonprofits - November 2014
    • United States
    • Mondaq United States
    • November 25, 2014
    ...audit requirements. NSF grantees must have financial management systems that meet the requirements of the Super Circular, set forth at 2 C.F.R. § 200.302. NSF has helpfully highlighted the changes to the PAPPG that were driven by the Super Circular. These changes are highlighted in yellow i......
  • OMB Extends Relief for Federal Grant Recipients Impacted by COVID-19 | Insights
    • United States
    • JD Supra United States
    • June 30, 2020
    ...interruption of operations or services." It is worth noting that maintaining appropriate records and cost documentation is required by 2 C.F.R. §§ 200.302 and 200.333 notwithstanding the COVID-19 crisis and that grant recipients should continue to abide by these requirements regardless of w......

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