1.800.677.3789

Purchasing With Federal Grant Funds: Getting It Right

Webinar • Tuesday, November 01, 2022 • 2:00-3:30 p.m. ET

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

Please enter your desired quantity.

On-Demand Recording
$249.00
(Available for viewing
until 11.01.2023)


$249.00 Purchasing With Federal Grant Funds: Getting It Right (11.01.22) (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

There probably hasn’t been a feature of the Office of Management and Budget’s uniform grant guidance (2 CFR 200) that has caused more angst than the rules on procurement of goods and services using federal grant funds.

For starters, some of the policies have been modeled on those that apply to the federal government itself, but those features don’t fit most recipient and subrecipient organizations very well. Broad recipient resistance to the revised policies led OMB to issue three implementation grace periods. Beyond that, there are features that have created new audit vulnerabilities.

The combination of revised policies and moving effective dates have led to plenty of confusion, which has been exacerbated by the advent of massive COVID 19-related funding. Well, the dust has settled and recipient and subrecipient organizations are now being more closely scrutinized about whether their procurement policies and practices align with the federal rules.

Join Bob Lloyd and Federal Fund Management Advisor™ for this webinar and learn how to adjust your purchasing manual to handle effective grant-purchasing. We’ll cover:

  • Guidance on determining whether a relationship is with a subrecipient or a contractor
  • Ramped-up code of conduct and mandatory disclosure instructions
  • More directions about effective procurement planning
  • Presidentially mandated procedures about domestic sourcing preference
  • Expanded discussion of the acceptable methods of purchasing — and when to use them
  • Tighter requirements about when sole source purchasing is allowed
  • Revised principles that must be used to assess allowability of costs that go into contract prices
  • Special rules for the procurement of your annual single audit

The new rules are not just about how to buy supplies and equipment, where there are likely lots of available suppliers. They must also be used when engaging professional services, collaborating on research projects and selecting service providers on social service programs. The marketplaces for these procurements are very different.

WHO SHOULD ATTEND:

  • Finance directors
  • Purchasing agents
  • Grant and contract managers
  • Sponsored projects administrators
  • Grant project directors
  • Principal investigators
  • 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 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, 3rd 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:
Organization:
Email:
Phone:

Webinar Training Pass (Small Group Pass)



Number of Users:

Federal Fund Management Advisor

About Us
Manage Account

Contact

 1.800.677.3789
 service@federalfundmanagement.com