What Subrecipients Need to Know About Federal Grant Requirements

Webinar • Tuesday, June 5, 2018 • 2:00-3:30 p.m. ET

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$249.00 What Subrecipients Need to Know About Federal Grant Requirements (CD Only)
Webinar Details

Subject: Post-award

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 your organization gets federal grants as a subrecipient, it’s easy to feel like you’re in the dark about what is really required. A recent grant reform initiative at the federal level promised clarity, uniformity and burden reduction for recipients. But experience is already showing that those benefits are not necessarily filtering down to the subrecipient level. 

Many so-called pass-through entities are continuing “business as usual” — doing what they’ve always done to subrecipients by loading up the subaward agreements with plenty of requirements. Restrictive payment procedures, strict cost allowability interpretations, excessive reporting and intrusive oversight are just some of the features that often accompany subawards.  

While the federal government included some protections for subrecipients in the rules, there’s no conveniently packaged “subrecipients’ bill of rights.” So finding those protections, bringing them to the attention of the pass-through entity and seeking agreement modifications requires knowledge and tact. It makes sense for you to be able to identify what really is required, and what kind of oversight you should legitimately expect. You can then undertake your subrecipient role from a position of strength.

This webinar will empower you as a subrecipient and acquaint you with federal policy in the areas of:

  • Pre-award risk assessment
  • Subaward agreement terms and conditions
  • Subaward budget management
  • Payment procedures
  • Imposition of management systems
  • Indirect cost recognition
  • Documentation and records requirements
  • Financial and performance reporting
  • Conduct of site visits
  • Audit compliance oversight

You’ll receive advice about when and how to respond when and if a pass-through entity wants to act excessively. Join Bob Lloyd, principal of Federal Fund Management Advisor™, for this timely and practical look at federal requirements from a subrecipient’s perspective.

Who Should Attend?

  • Grant and contract managers
  • Sponsored projects administrators
  • Executives
  • Finance directors
  • Accounting staff
  • Program managers
  • Principal investigators
  • Internal 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

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Finally! A practical guide to grants management.

Get practical grants management guidance that blends age-old conventional wisdom
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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!

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