- Pub Code: WG401-11WEB
- Originally held on Jan. 7, 2014
Recovering Federal Grant Indirect Costs (When You Don’t Have a Cognizant Agency)
January 7, 2014 Webinar - Listen On-Demand or Get a CD!
Thousands of organizations are excluded from the federal government’s policies on indirect cost recovery on federal grants. This webinar will provide helpful strategies aimed at helping affected organizations, such as subrecipients, overcome restrictive indirect cost recovery policies.
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.
Overcoming Restrictive Indirect Cost Recovery Policies
There’s a big hole in the federal government’s policies on indirect cost recovery on federal grants. It involves two categories with literally thousands of organizations in each. The first group is local governments that are not considered by the U.S. Office of Management and Budget to be “major” ones. (BTW, OMB’s list of major ones includes only a few hundred out of about 80,000 nationwide.)
The second set includes any organization that only receives federal awards as a subrecipient. Your guess is as good as anyone’s how many of these there are.
For these recipients and subrecipients, there is currently no way to obtain an indirect cost rate agreement that is negotiated with a federal cognizant agency. Federal agency cost negotiators simply refuse to deal with anyone with which their agency doesn’t have a direct funding relationship.
What these unlucky organizations are often told in their grant and subgrant agreements is that, without a federally negotiated rate, they won’t be getting any indirect cost recovery. Talk about being between a rock and hard place!
Further, don’t the federal cost principles say that an organization should prepare an indirect cost allocation plan and rate calculation, and either hold it for audit or submit it to their primary grantee for negotiation? How does an affected organization get by this logjam?
That’s where this webinar can help. You’ll learn helpful strategies aimed at:
- Effectively challenging restrictive indirect cost recovery policies using existing federal rules;
- Developing an understandable cost allocation plan and rate calculation;
- Advancing workable ways to get primary grantees into the negotiation business;
- Getting primary grantees to accept the rate you’ve developed;
- Obtaining support for your rate calculation through your annual audit; and
- Giving you a heads up on what OMB is considering as part of its grant reform effort.
Prerequisites: Some knowledge of federal grants management is helpful but not necessary
Advanced preparation: None
Attendees will receive presentation slides as well as access to 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 more than 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 16 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, published by Atlantic Information Services. 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?
- Finance directors
- Accounting staff
- Grant and contract managers
- Sponsored programs administrators
- Budget specialists
- Internal auditors
- External auditors
The costs of webinars sponsored by Federal Fund Management Advisor are allowable charges to your federal grants and subgrants. Each of the sets of federal cost principles issued by OMB for federal awards administered by state, local, and tribal governments, colleges and universities, and nonprofit organizations explicitly states that the costs of training for employee development and vocational effectiveness are allowable. For your records, the specific citations are:
- OMB Circular A-21 (2 CFR 220), Appendix A, Paragraph J.51—Colleges and Universities
- OMB Circular A-87 (2 CFR 225), Appendix B, Paragraph 42—State, Local and Tribal Governments
- OMB Circular A-122 (2 CFR 230), Appendix C, Paragraph 49(a)—Nonprofit Organizations
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