Learn How to Make and Administer Federal Grants and Subgrants to Commercial Firms in Jan. 29 Federal Fund Management Advisor Webinar

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For-profit organizations can receive federal grants, despite what some believe. Federal grants expert Bob Lloyd will explain how commercial firms can apply for them in a new webinar from Federal Fund Management Advisor.

There are numerous federal programs where commercial organizations are eligible to apply for and receive grants or subgrants, but the procedures for making these types of awards differ from those that are more familiar to the government, higher education and nonprofit sectors. In “Federal Grants and Subgrants to Commercial Firms — Hands-On Techniques for Managing These Unique Federal Assistance Instruments,” an upcoming Jan. 29 webinar from Federal Fund Management Advisor, federal grants expert Bob Lloyd will provide the tools and techniques for-profit organizations need to apply for and receive federal grants or subgrants.

This practical look at how to handle these special kinds of grants and subgrants will answer the following questions:

  • What federal governmentwide administrative requirements apply and which ones don’t?
  • Are there grants management policies that are unique to individual federal agency programs?
  • How should risk management differ when profit makers are involved?
  • Which cost principles are used for commercial entities and how do they differ from those affecting governments, universities and nonprofit organizations?
  • Can a commercial organization earn a fee on a grant or subgrant?
  • What incentive does a profit maker have to cost share?
  • What happens to any grant-related income that a commercial firm might earn?
  • Who owns the property purchased with grant or subgrant funds, and how is it dealt with at the end of the award?
  • Since Circular A-133 doesn’t apply, what kind of audit is required and who pays for it?

Visit http://federalfundmanagement.com/webinars/wg302_012913 for more details and registration information.

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 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 and Federal Auditing News, published jointly by Atlantic Information Services and NACUBO. 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: http://www.learningmarket.org.

About Federal Fund Management Advisor
Federal Fund Management Advisor is an 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, “It Can Make Sense to Challenge Federal Grant Audit Findings.”

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Shelly Beaird-Francois
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