Washington, DC (PRWEB) December 29, 2014
After nearly three years of collaborative effort to overhaul the federal grants management landscape, agencies have issued their implementing regulations. Federal Fund Management Advisor will host “Implementing OMB’s Federal Grant Reform — What You Need to Know NOW,” on both Jan. 8 and Jan. 15 to provide participants with an up-to-date snapshot of the fallout from this “regulatory deluge.”
In a 90-minute webinar followed by 30 minutes dedicated to participants’ questions, Federal Fund Management advisor principal Bob Lloyd will address these and other topics:
- How have federal agencies addressed the individual statutes affecting their programs that take precedence over executive branch policies?
- Has OMB adhered to its promise to limit “class deviations” that would permit federal agencies to deviate from the uniform guidance and treat groups of recipients or grants differently?
- What other guidance can be expected from OMB, and how will it centrally manage the reforms going forward?
- What decisions have federal agencies made using the discretion that OMB gave them to: Introduce additional guidance about making the distinction between subrecipient and contractor relationships? Waive administrative and cost-related “prior approvals” with “expanded authorities”? Develop more detailed conflict of interest policies that would affect the behavior of recipient governing bodies, management and staff?
- Will federal agencies modify existing grant and cooperative agreement awards to employ the new policies, or simply apply them to new awards and modifications issued after the effective date?
- What issues will still be open after the “regulatory deluge” that OMB has directed the agencies to launch?
Visit http://federalfundmanagement.com/implementing-federal-grant-reform for more details and information on registering for either the Jan. 8 or Jan. 15 session.
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 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: 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.