May 5 Webinar to Examine Impact of New Grants Reform Guidance on Subrecipient, Contractor Determinations

In an upcoming webinar from Federal Fund Management Advisor, participants will learn how to make defensible determinations, and then how to proceed with effective management and oversight.

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Washington, DC (PRWEB) April 24, 2014

OMB’s grant reform guidance instructs pass-through entities to “make case-by-case determinations whether each agreement it makes for disbursement of federal program funds casts the party receiving the funds in the role of a subrecipient or a contractor.” The May 5 webinar from Federal Fund Management Advisor, “Subrecipient or Contractor? OMB Mandates ‘Case-by-Case’ Decision Making,” will provide a fresh and practical examination of how to make defensible determinations, and then how to proceed with effective management and oversight.

During the May 5 webinar — led by federal grants expert Bob Lloyd — participants will learn:

  • What does OMB mean by an “assistance” relationship?
  • What does it mean by a “procurement” relationship?
  • What applicable program requirements actually serve to create a subrecipient relationship?
  • What applicable federal requirements have to be included in a contractor relationship?
  • What is the significance of OMB’s word changes in the instrument selection guidance?
  • How do factors like development of the project design, conduct of competition, the types of organizations involved, and the nature of agreement “pricing” impact the determination?
  • After the award decision is made, what type of oversight and audit is expected?

Visit http://federalfundmanagement.com/webinars/wg414_050514 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, 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 the latest E-Strategy.


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