You’ve heard that some “deep-pocket guys” are getting ready to apply their management talents to the biggest enterprise in the world: the U.S. Government. As such, it seems pretty likely that big cohorts of the federal workforce will be forced back into buildings that remain at least partially vacated since the pandemic.
When a policy gets applied to the federal government itself, it’s not long before some officials suggest that it apply to grant recipients as well. Even if this doesn’t happen, there is another way that a facility vacancy policy might find its way to you. That’s through the allowability principles that apply to facility costs. There is already applicable language restricting charges for idle facilities and idle capacity.
Taken together with your policies regarding remote work, meeting expenses and security, now would be a good time to examine how you charge facility costs. This webinar will analyze:
- Cost-benefit of facility acquisition
- Interest on mortgage and bonded indebtedness
- Depreciation on owned facilities
- Facility improvements vs. repairs and maintenance
- Allocation of rental costs
- “Loaded rates”
- Lease cancellation “penalties”
- Separate charges for utilities
- Reasonableness tests
- Insurance
- Security of facilities and work product
WHO SHOULD ATTEND:
- Grant project managers
- Sponsored projects administrators
- Compliance specialists
- Facility managers
- Building superintendents
- Executives
- Finance directors
- Human resources managers
Hand-out Materials:
Attendees will receive presentation slides as well as access to background materials.
Allowable Charges
The costs of webinars sponsored by Federal Fund Management Advisor™ are allowable charges to your federal grants and subgrants. The cost principles issued by OMB under its uniform guidance (and applicable to all types of awardees) state, “The cost of training and education for employee development is allowable” (2 CFR 200.472).
Attend this Live Webinar and Earn up to 1.8 CPE Credits