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Indirect Cost Recovery for Local Governments

Webinar • Thursday, May 12, 2022 • 2:00-4:00 p.m. ET

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$249.00 Indirect Cost Recovery for Local Governments (05.12.22) (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

When the U.S. Office of Management and Budget (OMB) rolled out its major federal grants reforms a couple years ago, it sought to consolidate and harmonize multiple sets of diverse administrative and cost requirements applicable to different kinds of performers. In particular, policymakers wanted to balance recognition of legitimate recipient and subrecipient indirect costs while limiting the workload necessary to arrive at negotiated rates.

However, when it came to general purpose local governments (like cities and counties) and special purpose ones (like school districts and regional organizations), lots of troublesome issues remain. Many revolve around the fact that, unless a governmental unit receives more than $35 million in federal awards annually, it need not submit an indirect cost rate proposal to a federal cognizant agency unless instructed to do so.

Most federal cognizant agencies aren’t looking to do more indirect cost-related work, so local governments are left with no one to review their plans. Meanwhile, lots of pass-through entities have taken the problematic and incorrect position that they won’t honor a rate unless it’s federally negotiated. Still other pass-through entities have tried to force their subrecipients to accept the so-called de minimis indirect cost rate. Situations like these have left lots of local government units between a rock and a hard place.

This webinar has been designed to drill down on the details of the key sections of the OMB Uniform Guidance that address this complex subject. During this session, you’ll learn about:

  • Engaging cognizant and awarding agencies in indirect cost review
  • Determining the flow of central services that benefit grant-funded activities
  • Assigning central services costs, and screening them for allowability
  • Assessing available methodologies to meet organizational needs
  • Determining whether multiple indirect cost rates are warranted
  • Creating a narrative “Cost Policy Statement”
  • Choosing cost allocation bases that reflect “benefits received”
  • Using effective display templates for indirect cost allocation
  • Presenting indirect costs that are billed through internal service funds
  • Understanding and executing the required certification on indirect costs
  • Providing convincing documentary support for your calculations
  • Using the single audit process as a resource for indirect cost recovery 

WHO SHOULD ATTEND:

Staff members and their professional advisors from these entities should attend:

  • Cities and towns
  • Counties
  • Councils of governments
  • Regional planning districts
  • School districts
  • Public utility agencies
  • Transit authorities
  • Water and sewer commissions
  • Park and recreation districts

Join Bob Lloyd, principal of Federal Fund Management Advisor TM, for this informative and timely session. Bob has decades of direct experience in development and negotiation of indirect cost rates for governments. He was also the principal author of the Department of Health and Human Services’ publication, A Guide for State and local Governments (OASMB C-10), which for two decades has served as the federal government’s recommended “cookbook” for how to formulate cost allocation plans and indirect cost rate proposals. 

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 2 CPE Credits

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

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  • 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"
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