The Office of Management and Budget spent the last seven months sifting through the feedback they received on changes it should make to the “Uniform Guidance” — formally known as Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards and codified in 2 CFR 200. Now, it has just rolled out a comprehensive proposed revision.
When finalized, this document will adjust old policies, create new ones and form the new critical mass of policies that all federal agencies, recipients and subrecipients must follow going forward. Thankfully, when the proposal is published in the Federal Register, OMB plans to provide a review and comment period, giving stakeholders another chance to weigh in on whether the proposal might make things better, worse or some of each.
Step one during the review process is for you to understand what changes OMB is proposing, particularly how it is planning to:
- Resolve existing interpretation ambiguities
- Provide recipients and subrecipients certain administrative flexibility
- Retool burdensome prior approval requirements
- Undertake cost allowability clarifications
- Incorporate experience gained from implementing the CARES Act, ARPA and the Jobs Act
- Raise the single audit dollar threshold and adjust required audit testing
Step two is for you to consider getting directly involved in the policymaking process. Grant recipients and subrecipients know better than anyone else how the existing uniform guidance has actually worked. And, that knowledge provides you with insight to judge what still needs fixing. This webinar will present a brief “comment clinic” about how to pinpoint policy features you want to support or discourage, how to provide incisive input and where to find ammunition to support your positions.
Bob Lloyd, principal of Federal Fund Management Advisor,™ will present the webinar. Bob has been involved in the development of major federal grants management policy since 1988. He has worked under contract to 18 different federal grantmaking departments and agencies, and has consulted with hundreds of grant recipients and subrecipients and their professional advisors located in all fifty states, the District of Columbia, several U.S. territories and 17 foreign countries.
WHO SHOULD ATTEND:
- Grant and contract administrators
- Grant program directors
- Facility managers
- Purchasing agents
- Finance directors
- Legal counsels
- 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 2.4 CPE Credits