No matter what types of federal programs and projects you are implementing, most grant recipients award a portion of those funds to other organizations. Some “transfers of funds” are mandated under a particular grant program, while others result from recipient program design. Depending on the characteristics of these awards, some are properly treated as subawards to subrecipients. Others are treated as procurement or purchase transactions from contractors.
When OMB developed the governmentwide requirements for award administration — the “uniform guidance” codified at 2 CFR 200 — it packed in considerable detail about how pass-through entities are required to carry out subrecipient management and monitoring. But when they crafted the policies related to procurement contracts, they simply stated, “Non-federal entities must maintain oversight to ensure that contractors perform in accordance with the terms, conditions and specifications of their contracts or purchase orders.” Not much help!
This webinar will detail best practices for a grant recipient or subrecipient to ensure contractor performance and provide the necessary administrative oversight and enforcement. You’ll learn about:
- Variables among fixed-price and cost-type contracts under grants
- Creating “sound and complete” contracts
- Inclusion of usable remedies
- Required clauses for federally funded contracts
- Assigning contract administration responsibilities
- Appropriate tools for oversight during contract performance
- Managing contract financing (aka “payment”)
- Enforcing performance and delivery
- Inspection and acceptance of deliverables
- Identifying audit responsibilities
- Federal contract administration vulnerabilities
Join Bob Lloyd, principal of Federal Fund Management Advisor™, for this practical and timely look at how to assure that your organization gets what it pays for using federal grant funds.
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 1.5 CPE Credits