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OMB’S NEW GRANTS MANAGEMENT FLEXIBILITIES — WHAT YOU NEED TO KNOW NOW

Webinar • Tuesday, April 13, 2021 • 2:00-3:30 p.m. ET

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$249.00 OMB’S New Grants Management Flexibilities — What You Need to Know Now (04.13.21) (OnDemand Recording)

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Webinar Details

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

The Office of Management and Budget (OMB) has rolled out a new set of grants management flexibilities to implement the American Rescue Plan Act (ARPA), the recent $1.9 trillion response to the continuing public health and economic fallout from the COVID-19 pandemic. OMB is permitting so-called “class deviations” from some significant existing federal assistance regulations and has told grantor agencies to take full advantage of authority they already have to make case-by-case exceptions to others.

Further, the new combination of waivers, time extensions, and cost-related changes can be applied to all federal grant programs not just those COVID-19-related awards under ARPA. Thus, OMB is allowing federal agencies to step away from some of the more constrictive requirements contained in the uniform guidance. But, it’s up to the agencies to actually implement the flexibilities — and it’s up to recipients to know what they are and to try to obtain them.

OMB’s broad moves replicate similar action it took in March 2020, with two key differences. First, the new flexibilities are not all specifically time-limited. And, perhaps more importantly, OMB plans to monitor the agencies to see that they actually use the flexibility they’ve been given. 

This timely webinar will provide you with the tools to pursue administrative relief from a recipient perspective. You’ll learn:

  • What flexibilities are available
  • How they are supposed to operate
  • How to seek and obtain their inclusion in your federal grant awards
  • How to balance flexibility and accountability

Join Bob Lloyd, principal of Federal Fund Management AdvisorTM and a respected authority on federal assistance policies, for this thorough and practical examination of OMB’s latest major grants policy initiative.

Who Will Benefit:

  • Grant and contract managers
  • Sponsored programs administrators
  • Project directors
  • Executives
  • Finance directors
  • Legal counsels
  • Accounting staff
  • Internal auditors
  • External auditors

YOUR EXPERT(S):

Bob Lloyd

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 nearly 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 sixteen 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 Thompson Grants. He also is a Charter Life Member of the National Grants Management Association and served on its Board of Directors for five years. Contact Bob Lloyd at consultlloyd@aol.com or 864-235-8680.

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Finally! A practical guide to grants management.
Get practical grants management guidance that blends age-old conventional wisdom with the historic changes in OMB’s uniform guidance:
Add A Practical Guide to Federal Grants Management - From Solicitation Through Audit, 3rd Edition to your order!
This comprehensive resource blends age-old conventional wisdom with the historic changes in OMB’s uniform guidance. You'll benefit from the advice of experts on time and effort reporting, procurement under grants, direct charging certain costs, single audit preparations, subrecipient monitoring and much more. The 500+ page softbound book is a valuable management guide, compliance document and training tool for busy grants managers, program directors, financial officers and auditors at nonprofit organizations, educational institutions, and state and local governments.
This valuable resource will help you and your grants management team:
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  • Make the subrecipient vs. contractor determination
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  • Know the nuances of requirements for subrecipient assessment and monitoring
  • Understand contract clauses in agreements for procurement under grants
  • Apply the general tests of allowability
  • Understand special issues confronting pass-through entities contracting with foreign organizations
  • Know which clauses flow down when crafting a subaward
  • Understand what is meant by a 10% de minimis indirect cost rate
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Take Your Audit Preparations One Step Further.
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This course will help you:
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Techniques for Monitoring Federal Subawards is a no-nonsense guide to understanding increased responsibilities under the uniform guidance for pass-through entities, subrecipients and contractors alike. Add it to your order today!
This Guide Will:
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Add the digital version of the Federal Grants Management Handbook to your order and get all of these additional features for only $16 more a month!
  • The Federal Grants Management Handbook in print, along with quarterly updates to the handbook and a monthly print news service.
  • A digital, searchable version of the Handbook housed on the Thompson Grants Compliance Expert’s easy-to-use online portal
  • Practical Tools and Resources including government forms and reports, useful links, templates, worksheets and tools, a ready-to-use sample audit checklist and more!
  • Rolling updates as regulations change to ensure the compliance information you rely on is always the most current
  • Weekly Email News alerts so you are always up-to-date and in-the-know about the latest grants headlines and how they impact you
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  • Practical Tools and Resources including government forms and reports, useful links, templates, worksheets and tools, a ready-to-use sample audit checklist and more!
  • Rolling updates as regulations change to ensure the compliance information you rely on is always the most current
  • Weekly Email News alerts so you are always up-to-date and in-the-know about the latest grants headlines and how they impact you
  • One Centralized Location for All Relevant Guidance and Regulations – say goodbye to hopping from site to site trying to find the information you need!
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Are you with a college, university or other institution of higher education?

By selecting YES, you will add the Thompson's Grants Compliance Expert with GrantScape for College and Universities to your cart.

This subscription is the same price as our standard Thompson Grants Compliance Expert subscription.

It includes all the same benefits, but adds specialized compliance information and news alerts written specifically for grant managers at IHEs – the best part, there’s no extra cost!

By selecting NO, you will continue to your cart with the standard Thompson Grants Compliance Expert subscription.