On January 22, 2020, OMB released proposed revisions to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 C.F.R. Part 200. These regulations govern administration of virtually all federal grants – including non-entitlement grants of the Departments of Education, Health and Human Services, Homeland Security (such as FEMA's Preparedness, Public Assistance, and Hazard Mitigation Grant programs), and Housing and Urban Development (such as its Community Development Block Grant – Disaster Recovery program). The regulations contain critical procurement requirements and cost principles applicable to purchases and contracting funded by federal grants. Key changes proposed to the existing regulations are highlighted below, although OMB has advised that comments on portions of 2 C.F.R. Part 200 for which no change is proposed will still be accepted. Comments are due on or before March 23, 2020.