Costing Policy

The costing principles under which Northwell Health accepts and operates sponsored programs are governed by The Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly called “Uniform Guidance”) was officially implemented in December 2014 by the Council on Financial Assistance Reform (COFAR). The Uniform Guidance – a “government-wide framework for grants management” – synthesizes and supersedes guidance from earlier OMB circulars.”

Uniform Guidance