Federal Government Clarifies New OMB Grant Reforms | Common Good Vermont Blog
The federal government has taken steps to deliver on its recent promise
that nonprofits will be paid the true costs for performing work on
behalf of governments. In recently published Frequently Asked Questions(FAQs),
the federal Office of Management and Budget (OMB) removes much of the
gray area in the mandate that pass-through entities (typically state and
local governments) using federal funds must pay federally negotiated
rates for indirect cost or, if such a rate doesn’t exist, pay at least a
10 percent rate to eligible nonprofits.
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