When you look at a federal grant budget, it’s hard not to notice that a big chunk of the expenses your organization will incur involves buying goods and services — supplies, equipment, travel, facilities, consultants and advisors. As such, the federal government takes a considerable interest in how you do that. They want you to make the best deal that you can, and then get what you pay for.

The rules for grant-funded procurements have always represented one of the biggest challenges that recipients and subrecipients face. And that’s even more true since the Office of Management and Budget overhauled the rules a couple of years ago.

What OMB produced was so controversial that it had to back off the original implementation date — three times. Further, the requirements proved so controversial that Congress, surprisingly, stepped in and enacted legislation to loosen provisions related to smaller purchases.

With all that manipulation, though, the requirements still aren’t crystal clear and there are numerous gaps. So, realistically, your organization has to make lots of practical decisions about how to implement the rules. That’s what this webinar will help you to do.

You’ll get actionable advice about:

• How to respond to current federal emphasis on codes of conduct and ethical behavior
• What the feds mean by “acquisition planning” and how to do it in a grant context
• What the government now says about use of the “micro-purchase” procedure
• The “Simplified Acquisition Threshold” and how it affects current and future procurements
• Best practices in formulating invitations for bids and requests for proposals
• How to “cast a wide net” to generate competition
• Building justification into your contractor selection procedures
• How to form “sound and complete” purchase contracts
• Techniques of contract administration to get what you pay for
• Documenting the “significant history” of grant-funded procurements

With all the confusing signals that have been sent about grant-funded procurements, you can expect scrutiny about how your organization has responded and how effective your purchasing actually is. Use this practical session — presented by Bob Lloyd, principal of Federal Fund Management Advisor™ — to help assure your effective compliance.

Who Should Attend?

• Grant and contract managers
• Sponsored projects administrators
• Finance directors
• Purchasing agents
• Federal program managers
• Principal investigators
• Legal counsels
• 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