Implementing Federal Grants Reform to Be Addressed in Four-Part Webinar Series; First Session Will Provide Overview of Key Elements

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On May 8, Federal Fund Management Advisor will provide an overview of the key elements of the new federal policies for federal grants and subgrants.

Everyone in an organization that touches a federal grant or subgrant has a “need to know” about the new grant landscape. That includes governing body members and executive management, as well as staff members involved with finance, administration and program management. During “Federal Grants Reform — The ‘High Altitude’ View,” the first installment in a four-part series of webinars on implementing OMB’s federal grants reform, Federal Fund Management Advisor will provide an overview of the key elements of the new federal policies — such as standards of conduct, application procedures, required reporting and disclosures — and highlight potential vulnerabilities.

On May 8, federal grants expert Bob Lloyd will outline key areas where policies and procedures may need to be upgraded to promote organizational competitiveness and integrity, and to assure effective compliance. In 90 minutes of presentation followed by 30 minutes devoted to individual questions, participants will learn:

  • The regulatory structure of the requirements and why it’s important
  • The implementation schedule and what organizations should be on the look-out for
  • The key revised policies on topics such as pre-award review of grant applications, time and effort reporting, defining subrecipient and contractor relationships, subrecipient management and monitoring, and indirect cost recovery
  • Important changes to cost allowability standards
  • Revisions to the single audit threshold and testing scope

Visit for more details and registration information about this program and the full series of webinars dedicated to strategies for implementing OMB’s federal grants reform, including May sessions on administrative requirements and cost allowability.

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 2 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:

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 to read the latest E-Strategy.

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Shelly Beaird-Francois
Atlantic Information Services
+1 (202) 775-9008 Ext: 3064
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