Federal Grants Overhauled: What OMB’s Sweeping Proposed Rule Means for Your Organization
Bradley – The Office of Management and Budget (OMB) has issued one of the most significant proposed overhauls to federal grants management in over a decade. Published in the Federal Register on May 29, 2026, the proposed rule would revise the Uniform Guidance — OMB’s governmentwide framework governing grants, cooperative agreements, and other forms of federal financial assistance — codified at Title 2 of the Code of Federal Regulations (2 CFR). If finalized, the changes will touch virtually every organization that receives federal funding, from universities and nonprofits to state agencies and private contractors.
