Managing federal awards is complicated, enough when the normal sequence of post-award events plays out. But, with today’s (often court-ordered) award stops and starts, confusing work arounds, and the absence of reliable federal technical assistance, the job has gotten even harder.
A key place where that burden shows up involves “grant-acquired property” — the physical assets your organization acquires using federal grant funds. From prescriptions about how they are purchased or leased, to required internal controls, to assuring that the federal interest is protected, recipients and subrecipients need to understand some detailed federal policies. And when unique situations arise, you need to be able to apply that knowledge.
To help you comply with the requirements, this webinar will cover:
- Federal property vs. grant-acquired property
- Key acquisition basics
- Prior approval?
- Domestic preference?
- Solicitation, competition, source evaluation and selection
- Real property
- Title and the residual federal interest
- Retention and periodic reporting (SF 429)
- Downsizing and relocation
- Disposal
- Equipment vs. supplies
- Prior approval, again?
- Use and management standards
- Retention and disposal
- Why auditors like the grant-acquired property rule
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