When the Office of Management and Budget rolled out its so-called “super circular” a couple of years ago, it consolidated and clarified diverse policies on subrecipient management and monitoring. Since many federal grant programs are mandated to be carried out by networks, that was a big step in the right direction.
The guidance on how to conduct risk assessment of subrecipients, how to prepare subaward agreements, and how to monitor subrecipient compliance and performance has largely been welcomed by both pass-through entities and subrecipients. However, OMB left a gap in its rules — it did not specifically address how pass-through entities should select subrecipients.
OMB requires all nonfederal entities “to establish and maintain effective internal control over federal programs.” So, with that kind of general instruction in mind, how should a pass-through entity fashion defensible procedures for selecting organizations to receive subawards of federal financial assistance? This webinar will provide practical advice for how to do just that.
We will cover:
- How to properly differentiate between subrecipients from contractors
- Grantee selection procedures used by federal agencies that are readily transferable to subrecipients
- Which “super circular” procedures that apply to contractor selection might be useful in selecting subrecipients
- The authority of federal awarding agencies to be involved in subrecipient selection
- Correct terminology to use in the subrecipient selection process
- How to fashion program announcements and requests for applications
- What selection criteria and scoring methods should be used
- The proper role of “cost” in the selection process
- How prospective subrecipients should be directed to prepare their applications
- How the selection process affects subaward agreements and special conditions
- The best way to fashion your oversight for the procedures that you employ
Join Bob Lloyd, principal of Federal Fund Management Advisor™, for this timely, best practices examination.
Who Should Attend?
- Grant and contract managers
- Sponsored projects administrators
- Grant project directors
- Executives
- Legal counsels
- Finance directors
- Management analysts
- 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