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OMB Update – Revised Uniform Guidance 2 CFR 200: Including Performance-Based Payments, Significant Changes to the Procurement Standards and the De Minimis Rate

Total Credits: 2 including 2 Accounting (Governmental) - Technical

Average Rating:
Accounting and Auditing |  ACPEN Industry Institute |  Grant Compliance and Management
Paul H. Calabrese
Course Levels:
2 Hours
Access for 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


The Uniform Guidance (2 CFR 200) is revised effective November 12, 2020. The Uniform Guidance provides the rules for grants and cooperative agreements funded by the U.S. Government. The revision reflects a foundational shift to focus on enhanced results-oriented accountability for grants and cooperative agreements based on performance. As a part of President’s management agenda, the revision will improve stewardship and ensure the American people receive value for Federal funds spent on various grant programs. This update will provide an example of performance initiates by demonstrating performance-based payments using unit cost rates in lieu of cost reimbursable invoicing.


Basic Course Information

Learning Objectives
  • Understand the critical updates to the Uniform Guidance
  • Obtain a working knowledge of how Performance-Based Payments operate with Unit Cost Rates in Lieu of cost reimbursable invoicing.
  • Compare the precise language changes for the various policies and procedures
  • Learn the key updates organized by each revised topic
  • Ability to take action to enhance an organization’s existing procedures to conform to this important update

Major Subjects
  • New and revised definitions
  • Clarification on the use of time periods
  • Emphasis on performance and outcomes
  • Performance-Based Payments using unit cost rates in lieu of cost reimbursable invoicing
  • New cost principle
  • New prohibitions
  • New procurement preference and refocus on public policy objectives
  • Clarification on sub-recipients with no direct funding
  • Relaxing the rule for NICRA to De Minimis rate usage
  • The flexibility that no “one-size-fits-all” procurement standards

Course Materials


Paul H. Calabrese's Profile

Paul H. Calabrese Related seminars and products

Principal, Outsourced Accounting & Advisory Services

Gelman, Rosenberg & Freedman

Mr. Calabrese has hands-on experience with the Uniform Guidance for Federal grants recipients: nonprofits, universities, hospitals, and state/local/tribal units of governments. His skill-set involves: grant cost accounting, sub-recipient monitoring, preparation of over (100) indirect rates / NICRA for several Federal agencies, developed policies and procedures, medical management systems invoicing to state Medicaid agencies and toolkit for unit cost rates for Ryan White HIV AIDS HRSA awards. Paul has developed grant and financial statement dashboards. He has performed out-sourced CFO duties, annual budgets, cash flow projections, grant draws and budget monitoring.



Wed, Aug 31, 2022 - 08:00am to 09:46am CDT
Wed, Sep 14, 2022 - 11:00am to 12:46pm CDT
Tue, Sep 27, 2022 - 06:00pm to 07:46pm CDT
Fri, Oct 14, 2022 - 08:00am to 09:46am CDT
Thu, Oct 27, 2022 - 11:00am to 12:46pm CDT
Tue, Nov 01, 2022 - 02:00pm to 03:46pm CDT
Sat, Nov 19, 2022 - 08:00am to 09:46am CST
Mon, Dec 05, 2022 - 11:00am to 12:46pm CST
Wed, Dec 21, 2022 - 02:00pm to 03:46pm CST
Sat, Dec 24, 2022 - 11:00am to 12:46pm CST
Fri, Dec 30, 2022 - 01:00pm to 02:46pm CST

Additional Info

Basic Course Information

Prerequisites Working with the prior version of the Uniform Guidance
Advanced Preparation None
Designed For Public Accountants, Consultants, Awardees of Federal Grants and Cooperative Agreements which include: nonprofits, institutes of higher education, hospitals, Federal, state, local and tribal units of government, as well as commercial firms. Specific positions might include: Director of Finance, grants administrator, legal, program personnel, principal investigator, auditors, and department heads overseeing Federal grants and cooperative agreements
Original Recording Date 09/21/2020
Yellow Book No
Course Developer Paul Calabrese and Steven Shamlian
Date Added to Catalog 09/09/2020

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints., (972-377-8199).
Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.



Overall:      4.5

Total Reviews: 54


Charles S

"The class and instructor were very good!"

Bonnie H

"This topic new to me so was very interested"

Patricia M

"Very informative!"

Lawrence P

"Perfect class. Thanks for having available. I learned a lot that previously not aware of. Thanks again."

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