Federal Grants Expert Bob Lloyd Will Offer Tips for Drafting Subaward Agreements in June 4 Webinar

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Upcoming webinar from Federal Fund Management Advisor is designed to help organizations craft well-organized, clear and complete subgrant agreements.

Federal grants expert Bob Lloyd will explain how to craft well-organized, clear and complete subgrant agreements in “How to Write Subaward Agreements,” a practical June 4 webinar presented by Federal Fund Management Advisor.

The federal government requires “pass-through” entities to inform subrecipients about the laws, regulations and provisions of their grant agreements. Unfortunately, the federal government hasn’t issued instructions on how to draft subaward agreements that do that effectively, nor has the government explained how to differentiate between the subrecipients that can be relied upon to comply with requirements and achieve performance goals, and those that represent higher risks for doing so. The reforms that the Office of Management and Budget has proposed recently have some hints, but the fundamentals of how to subgrant properly now and in the future still boil down to drafting well-organized, clear and complete subgrant agreements.

Participants of the June 4 webinar will learn:

  • What federal administrative policies apply, by their terms, to subgrants
  • How to handle “flow-through” of federal cost principles
  • What standard federal public policy clauses must be included in a subgrant agreement
  • How much flexibility pass-through agencies have in imposing reporting requirements
  • The kinds of subrecipient information submission requirements needed to comply with the Coburn-Obama Act
  • The provisions that should be used to assure that subrecipients arrange for a proper A-133 audit
  • What is “differential accountability” and how to manifest it in a subgrant agreement
  • What tools are available to impose needed special conditions on “high-risk” subrecipients
  • What organizations can legitimately offer trustworthy subrecipients in the way of burden reduction
  • The various reforms that OMB has proposed that might help upgrade and clarify subgrant agreements

Visit http://federalfundmanagement.com/webinars/wg313_060413 for more details and registration information.

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 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, “‘Man Bites Dog’: An Internal Control Lesson for Grantees.”

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