April 2 Webinar to Offer Guidance on Matching and Cost Sharing Under OMB’s Recent Grant Reform

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In the upcoming webinar from Federal Fund Management Advisor, participants will learn details of managing matching and cost sharing, while following OMB’s recent grant reform directions.

Requirements that limit federal participation in the total cost of a federal award mean that awardees have to find and use non-federal resources that meet a variety of underlying conditions. The April 2 Federal Fund Management Advisor webinar, “Demystifying Matching and Cost Sharing on Your Federal Grant,” will help organizations gain the knowledge necessary to manage the non-federal share of resources needed to carry out a grant program or project, and update them on the relevant policy changes in OMB’s new uniform guidance.

In 60 minutes of presentation followed by 30 minutes devoted to individual questions, Federal Fund Management Advisor Principal Bob Lloyd will provide answers to these, and many other, questions:

  •     Matching or cost sharing: What’s the difference?
  •     “Hard match” vs. “soft match”; “cash” vs. “in-kind” — What do these terms really mean?
  •     How does the term “leveraging” enter the picture?
  •     What conditions have to be met so that non-federal resources are acceptable?
  •     Which management policies in the uniform guidance apply to use of the non-federal share? Which ones don’t?
  •     What are the standards for documenting matching or cost sharing?
  •     What tools can we use to value third-party in-kind contributions?
  •     How do requirements for maintenance of effort or earmarking affect the non-federal share?

Visit http://federalfundmanagement.com/webinars/wg508_040215 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.

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