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Coping with Federal Grant Uncertainties - A Strategic Briefing

Webinar • Tuesday, September 26, 2017 • 2:00-3:30 p.m. ET

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, Accounting (including Government Accounting)

Program Knowledge Level: Basic

Advanced Preparation: None

As the federal government marches toward the beginning of a new fiscal year on October 1, the “wholesale” subjects that are causing major political clashes in Washington — the debt ceiling, appropriations bills, continuing resolutions — are plain to see. The list grows almost daily and any resolution of these issues is going to affect all federal grants.

Meanwhile, down on the ground, there are all sorts of “retail” federal government actions that are affecting organizations that rely on existing federal grants and subawards for part of their revenue stream —such as salary caps and indirect cost rate limitations, curtailment of approved performance periods, and addition of new terms and conditions like those affecting “sanctuary jurisdictions.”

In calmer times, you may have accepted that the “golden rule of federal grants” was “he who has the gold sets the rules.” But now with the flurry of largely adverse actions by federal grantor agencies and the highly charged atmosphere in the nation’s capital, recipients and subrecipients are increasingly asking, “Can they do that to us?” Uncertainty is widespread and it is even triggering an appetite for “push back.”

This webinar will drill down on the current state of affairs affecting existing grants and cooperative agreements as well as those that may be awarded going forward. Authoritative and responsible analysis of the up-to-date policy details that goes far beyond what the general media can cover will help you answer the key question — Can they do that to our federal grants? — and inform you about:

  • What federal budgetary procedures are impacting existing awards and how?
  • What are the real prospects for continuation awards?
  • How are the lack of subcabinet appointments and a federal hiring freeze continuing to affect grant decisionmaking?
  • What impact is federal agency reliance on contractors having on grants management functions?
  • What authority exists for cutting off or curtailing existing grants?
  • Does federal authority to determine cost reasonableness extend to capping certain expenses?
  • Under what circumstances can federal agencies make unilateral modifications?
  • What options do organizations have when new terms and conditions are introduced?
  • What are the ripple effects of federal actions that may flow down to subrecipients?

Join Bob Lloyd, principal of Federal Fund Management Advisor™, and Jonathan Breul, a former senior official at the Office of Management and Budget, for timely in-depth answers to these and other questions about your federal award portfolio.

WHO SHOULD ATTEND?

  • Grant and contract manager
  • Sponsored projects administrators
  • Finance directors
  • Controllers
  • Accounting staff
  • Federal program managers
  • 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
Federal Fund Management Advisor™ is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

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