- Pub Code: WG209-11WEB
- Originally held on April 12, 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.
How to Conduct Pre-Award Review of Potential Subrecipients
April 12, 2012 Webinar - Listen On-Demand or Get a CD!
“Is this an organization that we can rely on to properly handle the federal funds that they’ve asked us for?” That’s a question that every federal grant recipient that is involved in subgranting should ask before they let a dime out the door. Unfortunately, it is not one that is asked often enough. And, if it is asked, it is not always effectively answered.
The consequence too often is a subgrant that has gone bad because of weak subgrantee management systems, noncompliance with federal requirements, poor performance and results or all of the above! But, just as often, that situation could have been prevented or mitigated through the conduct of a solid pre-award review of the subgrant applicant.
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 second 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 a proper decision about whether a potential subgrantee is one that your organization wants to do business with can be one of the most important steps in the process of managing your federal grants. And, while there are some hints in key federal policy documents, the federal government doesn’t provide recipients with a “cook book” about how to make the decision.
This webinar session will pull those hints together with an identification of key best practices to help you conduct the kind of pre-award review that will reduce the likelihood that some of your subgrantees will make you wish you never heard of them. Major topics will include:
- What are the federal requirements?
- What kinds of questions should be built into the subgrant application process?
- What kinds of document submissions should you demand?
- What databases must you or can you use for due diligence?
- What factors should be used in assessing risk?
- How do you assess subgrantee business management systems?
- How should the pre-award review be staffed?
- How to fashion special subgrant conditions if risk is high?
Join Bob Lloyd, Principal of Federal Fund Management Advisor and an experienced grants manager who has handled these requirements first hand, for 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 attend 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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