Thompson Grants a division of CBIS

OMB’S NEW GRANTS MANAGEMENT PROPOSALS —
A BRIEFING FOR RECIPIENTS AND SUBRECIPIENTS

Webinar • Wednesday, February 19, 2020 • 2:00-3:30 p.m. ET

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$249.00 OMB’S New Grants Management Proposals - A Briefing for Recipients and Subrecipients (02.19.20) (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 is making good on a promise made when it rolled out its grants management overhaul in 2014. A provision of the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (2 CFR 200) committed the agency to review the hefty document within five years of issuance. The results of that review showed up on January 22, when OMB proposed extensive revisions to the regulationAnd alongside are proposed changes to two other existing regulations affecting federal assistance awards and a new rule affecting grant projects performed overseas.

Recipients, subrecipients and independent auditors began asking for clarifications and revisions to the regulation almost as soon as it became effective. So OMB issued FAQs and sanctioned multiple delays in implementation of the regulation’s procurement standards. Then Congress got involved with statutory enactments that have triggered the need for plenty of regulatory “housekeeping.”

Register now for OMB’S New Grants Management Proposals: A Briefing for Recipients and Subrecipients.

What OMB is now proposing goes beyond simply aligning the rule with those policies. Proposed provisions have been formulated to place even greater emphasis on recipient and subrecipient performance and to champion numerous Trump Administration policy priorities — including some controversial ones. Interested stakeholders have until March 23 to comment.

This webinar briefing will analyze and evaluate the recent OMB proposals. You’ll hear about proposals to:

  • Upgrade merit review procedures for all discretionary federal assistance awards
  • Maximize “Buy American” preferences in grant-funded procurements
  • Promote free speech at institutions receiving federal grants
  • Standardize financial transaction terminology involving time periods and obligations
  • Allow federal agencies to use risk-based analyses to impose less-restrictive conditions on deserving organizations
  • Prohibit federal agencies from using non-authoritative policies in award terms and conditions
  • Emphasize machine readable formats in the collection of grant-related data
  • Extend required closeout time periods for recipients to accommodate subrecipient closeouts
  • Allow for broader use of the de minimis indirect cost rate
  • Modify and add definitions of key terms, and rework the numbering

The “Super Circular” or uniform guidance is the critical mass of requirements affecting your federal grants. Join Bob Lloyd, principal of Federal Fund Management Advisor™, for this timely briefing about how those requirements may change in the months ahead.

Register now for OMB’S New Grants Management Proposals: A Briefing for Recipients and Subrecipients.
 

WHO SHOULD ATTEND:

  • Grant and contract managers
  • Sponsored programs administrators
  • Grant project directors
  • Chief executives
  • Finance directors
  • Accounting staff
  • Legal counsels
  • Internal auditors
  • External auditors

Hand-out Materials:

Attendees will receive presentation slides as well as access to background materials.


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