Two Federal Grant Experts to Offer Recipients, Subrecipients Advice on Fixed-Amount and Performance-Based Grants Under OMB’s New Grant Reform Package

In a Feb. 18 webinar, two seasoned federal fund practitioners will map out how recipients and subrecipients can prepare for and implement fixed-amount awards and performance-based grants.

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Washington, DC (PRWEB) February 07, 2014

In an effort to concentrate more on performance and results than on financial inputs, OMB is emphasizing in its new guidance that federal agencies and pass-through entities can use fixed-amount awards and performance-based grants. The Feb. 18 Federal Fund Management Advisor webinar, “The Brave New World of Fixed Obligation and Performance-Based Grants,” will help recipients and subrecipients prepare for and implement these awards.

Participants will hear from Bob Lloyd, principal of Federal Fund Management Advisor, and Jonathan Breul, former senior advisor at the U.S. Office of Management and Budget, about:

  • Which kinds of substantive programs lend themselves to fixed-amount awards?
  • How is pre-award review likely to differ from the traditional cost analysis of grant budgets?
  • What standard award terms and conditions will be missing from grant agreements? Which ones will stay?
  • How can awards-based fixed unit amounts be crafted?
  • How will performance metrics be established and measured?
  • How will federal cash flow to keep grantee and subgrantee operations going?
  • What kind of monitoring and performance reporting will be expected?
  • What is there to audit and how?

Visit http://federalfundmanagement.com/webinars/omb-reform for more details and registration information about this program and the full series of webinars dedicated to the new OMB grant reform package, including upcoming sessions on single audit requirements and indirect costs.

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.

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 recent E-Strategies.


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