Washington, DC (PRWEB) November 24, 2014
In its recent federal grant reform initiative, the Office of Management and Budget has sought to help pass-through entities make a distinction between whether an agreement they make using federal funds casts the organization that they are doing business with in the role of a “subrecipient” versus a “vendor” or “contractor.” In the Dec. 8 Federal Fund Management Advisor webinar, “Subrecipient or Contractor? Creating a Definitive, Defensible Checklist for Case-by-Case Determinations,” federal grants expert Bob Lloyd will help pass-through entities apply the new guidance and devise a workable, defensible process to make the proper determination between “subrecipients” and “contractors.”
Participants of the Dec. 8 webinar will learn:
- Why — and how — the terminology pass-through entities use can be determinative
- How to make the distinction between “assistance” and “procurement” relationships
- Whether a subrecipient or contractor “determines who is eligible to receive what federal assistance”
- What features present during the award process help define the relationship
- The federal program requirements that might lead to a subrecipient determination
- Which grant and contract clauses will help make the distinction
- How to review and revise existing agreements to support previous decisions
Visit http://federalfundmanagement.com/webinars/wg433_120814 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 A Guide to OMB Grant Reform and several other 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 provides recipients and subrecipients of federal funds with accurate, responsible and practical advice concerning the acquisition, administration and oversight of federal grants, cooperative agreements and contracts. Through management, compliance and best practices webinars, and a wide variety of technical assistance capabilities, this advisory service can help organizations navigate effectively in today’s highly charged federal fund accountability atmosphere. Visit http://www.federalfundmanagement.com.