Uniform Grant Management Standards (UGMS) Update

Uniform Grant Management Standards (UGMS) Update

The Comptroller’s Office has revised the single audit threshold from $500,000 to the new threshold of $750,000 or more in a year in state awards. The new threshold is based on Uniform Grant Guidance 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (for fiscal years ending after Dec. 26, 2014). 

Check online to view the Uniform Grant Management Standards (UGMS) (PDF).

If you have any questions, please contact Mark KasPar at 512-463-8169 or by email at mark.kaspar@cpa.texas.gov.