- Pub Code: WG208-11WEB
- Originally held on April 5, 2012
Purchase another webinar in The Subaward Series: A Comprehensive Look at Requirements and Best Practices for Subawarding Federal Grant Funds and save 25%. Click here to learn more.
Determining the Relationship: Subrecipient or Vendor?
April 5, 2012 Webinar - Listen On-Demand or Get a CD!
In the current federal fund accountability atmosphere, it’s hard to underestimate the importance of the question whether a subaward of federal grant funds is a subgrant to a subrecipient or a purchase contract under a grant to a vendor. But it’s not hard to see that a whole host of players in the federal assistance system have an interest in what the answer is. They include federal awarding agencies, “pass-through entities,” organizations at lower tiers in federal award relationships and independent auditors.
The On-Demand recording will be available immediately upon purchase* as a link within a PDF file of the accompanying written materials. CDs and printed materials are shipped via USPS.
This webinar is the first in a four-part series, The Subaward Series: A Comprehensive Look at Requirements and Best Practices for Subawarding Federal Grant Funds. Attend more than one webinar in the series and save 25%! Just enter coupon code "25OFF" at checkout. Click here to learn more.
Making the determination of whether a subrecipient or vendor relationship exists affects virtually all the events and responsibilities in the life of one of these federal instruments. The issues include:
- How is the award solicited and competed?
- What are the proper criteria for selection?
- Which federal laws and regulations apply to the award?
- Which ones do not?
- What financial and performance reporting is required?
- What kinds of monitoring and auditing are required?
Guidance contained in federal governmentwide grants management and audit policies provides some general criteria for making the decision. However, it cautions that the actual substance of the relationship is what controls and that judgment must be used by everyone involved in management and oversight of these awards.
This webinar session will:
- Identify and analyze all of the relevant federal policies affecting the decision;
- Sort out the often confusing language used to define roles and agreements;
- Clarify how the presence of specific award features may help make more accurate determinations; and
- Discuss the consequences of making incorrect decisions.
Bob Lloyd, Principal of Federal Fund Management Advisor and an experienced grants manager who has handled these requirements first hand, presents this informative and timely program. And check out the other webinars in The Subaward Series: A Comprehensive Look at Requirements and Best Practices for Subawarding Federal Grant Funds — when you purchase more than one of the four-part series, you’ll save 25%! Just enter coupon code "25OFF" at checkout. Click here to learn more.
Prerequisites: Some knowledge of federal grant management and audit requirements is helpful
Advanced preparation: None
Attendees will receive presentation slides as well as background documents.
BOB LLOYD is a respected authority on policies and practices affecting the award, administration and oversight of federal grants, contracts and subawards. Mr. Lloyd has nearly 40 years of experience in federal award implementation. Prior to starting his management consulting practice in Washington, D.C., in 1982, he served as the executive director of the Grants Management Advisory Service and held staff positions in two large federally funded organizations. Since then, he has been a consultant, trainer or advisor to award and audit units in sixteen federal award-making departments and agencies, and to recipient and subrecipient organizations and their professional advisors located in all 50 states, the District of Columbia, several U.S territories and 18 foreign countries. He is the principal author of several reference works on federal grants management and audits, and currently serves as contributing editor to Federal Grants News and Federal Auditing News, published jointly by Atlantic Information Services, NACUBO and NCURA. He also is a Charter Life Member of the National Grants Management Association and served on its Board of Directors for five years.
Who Should Attend?
- Sponsored Programs Administrators
- Grant and Subgrant Managers
- Finance Directors and Staff
- Program Managers
- Internal Auditors
- External Auditors
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