The federal government has been unpacking something called “differential accountability” for grant recipients and subrecipients. Simply put, if an organization can show that its management of federal awards meets high standards, it is rewarded with greater administrative flexibility.
This approach started with the single audit policy (2 CFR 200.520) that established the concept of a “low risk auditee.” More recently, another section OMB’s Uniform Guidance (2 CFR 200.320(a)) promises that, if an organization conducts a self-assessment of its procurement system with solid results, it is permitted to upwardly adjust the threshold it uses for non-competitive micro-purchases. The normal threshold has been $10,000 per transaction but a successful organization could raise the threshold as high as $50,000.
However, the federal policies leave open the details about how to conduct a review that will pass muster. This webinar fills that gap and prepares you to demonstrate that you’ve conducted a fair and reliable process. Here’s what we’ll cover:
- Assessment resources
- OMB’s Single Audit Compliance Supplement
- GAO’s Template for Reviewing Local Procurement Systems
- ABA’s Model Procurement Code for State and Local Governments
- Reviewing your policies
- Code of conduct
- Acquisition planning
- Market research
- Geographic preference
- Solicitation
- Competition
- Source evaluation
- Source selection
- Contract award
- Contract administration
- Procurement records
- Documenting your process
- Grading the self-assessment
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