Bob Lloyd to Present “Purchasing With Federal Grant Funds — Applicable Policies & Best Practices”

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Federal grants expert Bob Lloyd will give a guided tour of purchasing with federal grant funds in an August 23 webinar presented by Federal Fund Management Advisor.

Federal rules on grantee procurement allow for the use of an organization’s own purchasing system. But they also require that that system meet certain key minimum standards of good practice. Each recipient and subrecipient must respond to those standards in a careful, appropriate manner and demonstrate that they are handling procurements in a responsible way.

In this information-packed presentation, followed by a session devoted to individual questions, participants will learn about:

  • Required features of an organizational code of conduct
  • The role of “acquisition planning” for budgeted purchases
  • Ingredients for solicitations for bids and proposals
  • How to manage competition “to the maximum extent practicable”
  • Screening potential contractors for suspension and debarment
  • Conducting a cost or price analysis of offers
  • How to document evaluation and selection of contractors
  • Elements of a sound and complete contract
  • Required federal contract clauses
  • Steps in effective contract administration
  • Required supporting documentation
  • Credible justifications for "sole source" procurements

The webinar will be presented by Bob Lloyd, 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.

Attendees of the Live Webinar Can Earn Up To 1.5 CPE Credits

Federal Fund Management Advisor is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Visit 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 to read the latest E-Strategy, “OMB to Issue Proposed Rulemaking Soon on Grant Reform Initiative: Get Ready to Comment.”

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Shelly Beaird-Francois
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