Indirect Cost Recovery: OMB’S Latest Roadmap

Webinar • Tuesday, September 29, 2020 • 2:00-3:30 p.m. ET

See Webinar Catalog › View Your purchased
on-demand webinar(s) ›

Please enter your desired quantity.

On-Demand Recording
(Available for viewing
until 09.29.2021)

$249.00 Indirect Cost Recovery: OMB’S Latest Roadmap (09.29.20) (On-Demand Recording)
Webinar Details

Prerequisites: Some knowledge of federal grant management and audit requirements is helpful

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Federal policies on indirect cost recovery by grant recipients have never been all that clear. And when recovery involves subrecipients, things get even murkier. A few years ago, the Office of Management and Budget took on that challenge and attempted to clarify and streamline the indirect cost policies in its Uniform Guidance (2 CFR 200).

It’s fair to say that OMB made some welcome changes when it unequivocally told pass-through entities to fully recognize federally negotiated indirect cost rates. It introduced the “de minimis” indirect cost rate and presented bare-bones policies on pass-through entity negotiation of rates — but these actions triggered more questions than answers.

Meanwhile, the coronavirus pandemic disrupted lots of indirect cost-related actions including submission of new rate proposals. Then, on August 13, OMB released revisions to 2 CFR 200 that allow more organizations to employ the de minimis rate — if they want to! And they open the door for pass-through entities to accept rates negotiated by other pass-through entities.

With so many changes, it makes sense to examine OMB’s roadmap for an altered indirect cost recovery landscape. Pulling together myriad current developments that affect indirect cost recovery by organizations like yours, we’ll cover:

  • Authorized extensions of existing indirect cost rates and rate proposal submissions
  • Who’s now eligible to use the de minimis rate
  • Documentation expectations when the de minimis rate is used
  • Pass-through entity responsibilities and options for dealing with subrecipient indirect costs
  • Practical tips for subrecipients submitting rate proposals and pass-through entities reviewing them
  • Authoritative federal guidance documents for preparation of rate proposals
  • Plans for internet posting of federally negotiated rates
  • Interpretation issues affecting costs commonly included in indirect cost pools
  • Current responsibilities for testing indirect cost charges during single audits

Join Bob Lloyd — principal of Federal Fund Management Advisor™ and a respected authority on federal policies affecting the award, administration and audit of federal grants, contracts and subawards — for this timely and thorough update.


  • Grant and contract managers
  • Executives
  • Finance directors
  • Accounting staff
  • Sponsored projects administrators
  • Program managers
  • Subgrant monitors
  • Internal auditors
  • External auditors

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

Select to add to your shopping cart.

Add the 2nd edition of A Practical Guide to Federal Grants Management for just the price of shipping!

Finally! A practical guide to grants management.

Get practical grants management guidance that blends age-old conventional wisdom
with the historic changes in OMB’s uniform guidance:
Add A Practical Guide to Federal Grants Management -
From Solicitation Through Audit, 2nd Edition
to your order!

This comprehensive resource blends age-old conventional wisdom with the historic changes in OMB’s uniform guidance. You'll benefit from the advice of experts on time and effort reporting, procurement under grants, direct charging certain costs, single audit preparations, subrecipient monitoring and much more. The 500+ page softbound book is a valuable management guide, compliance document and training tool for busy grants managers, program directors, financial officers and auditors at nonprofit organizations, educational institutions, and state and local governments.

This valuable resource will help you and your grants management team:

  • Understand the differences between direct and indirect costs
  • Make the subrecipient vs. contractor determination
  • Realize the full impact of OMB’s emphasis on internal controls
  • Understand which familiar elements of time and effort reporting have been retained in the uniform guidance ... and which are new
  • Know the nuances of requirements for subrecipient assessment and monitoring
  • Understand contract clauses in agreements for procurement under grants
  • Apply the general tests of allowability
  • Understand special issues confronting pass-through entities contracting with foreign organizations
  • Know which clauses flow down when crafting a subaward
  • Understand what is meant by a 10% de minimis indirect cost rate
  • Audit the vulnerabilities in your grants management operation
  • Understand what is meant by audit "resolution"
    ...and much more

A Practical Guide to Federal Grants Management is the best insurance policy there is for limiting your organization’s risk of disallowed costs, loss of federal funding and public relations nightmares. Add it to your order today!

Contact US

(All fields required)

First Name:
Last Name:

Webinar Training Pass (Small Group Pass)

Number of Users:

Federal Fund Management Advisor

About Us
Manage Account