Washington, DC (PRWEB) April 03, 2012
Federal Fund Management Advisor is pleased to announce The Subaward Series: A Comprehensive Look at Requirements and Best Practices for Subawarding Federal Grant Funds. This 4-part series of webinars will begin on April 5 with Determining the Relationship: Subrecipient or Vendor? See webinar series details at http://federalfundmanagement.com/webinars/subaward-series.
The following webinars will be offered as part of The Subaward Series:
- Determining the Relationship: Subrecipient or Vendor (April 5, 2012) : 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. 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.
- How to Conduct Pre-Award Review of Potential Subrecipient (April 12, 2012): This webinar session will identify key best practices for conducting solid pre-award reviews of subgrant applicants. 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 be demanded? What databases should be used for due diligence? What factors should be used in assessing risk? How to assess subgrantee business management systems? How should the pre-award review be staffed? How to fashion special subgrant conditions if risk is high?
- How to Draft and Use Subgrant Agreements (April 19, 2012): Properly drafting subgrant agreements and using them is fundamental to effective federal grant management. This webinar session will present authoritative and practical instruction on how to do that. Participants will learn about: use of correct terminology drawn from applicable federal policies; the variables affecting different types of “pass-through” entities and subrecipients; how to start fresh with a new award template; why proper sequencing of provisions can make post-award management easier; which federal policies (strings attached) must be flowed through; where to obtain accurate language for terms and conditions; and how to make the job of future modification and improvement less daunting.
- How to Manage and Monitor Subrecipients (May 1, 2012): The federal requirements for subrecipient management and monitoring show up in government wide grants administration and audit requirements. This webinar session will help participants effectively respond to this key federal grants management responsibility. Participants will learn: the specifics of federal requirements for subrecipient monitoring; How to organize the “subgrant universe”; what is the “smorgasbord” of available post-award monitoring techniques; how to assure that subrecipient responsibilities for matching or cost sharing are met; what content and frequency of financial and performance reporting can and should be imposed; and how oversight of subrecipient audits should be managed.
Federal Fund Management Advisor will offer a 25% discount to participants who sign up for more than one webinar. Visit http://federalfundmanagement.com/webinars/subaward-series for more details and registration information.
Federal Fund Management Advisor is a new organization that sponsors Federal Funding webinars and delivers free Federal Funding E-Strategies. Go to http://www.FederalFundManagement.com to read the latest E-Strategy, “Do You Regularly Hold Grant Records Retirement Parties? Perhaps You Should” and more in the E-Strategy Archives.