Decoding Grant Management-Success Tip: Adequate Documentation
Like zombies rising from the dead, inadequate documentation has a way of returning to haunt you in an alarming way. Want an example? I analyzed a case study where the review of administrative and clerical costs resulted in $1.7 million in costs being deemed unallowable! All those moaning sounds are not just the zombies. So […]
Decoding Grant Management-Success Tip: Record Retention
Are you facing the “Goldilocks Dilemma” of record retention? Is your record retention too much? Not enough? Or just right? Wondering which records to keep for your federal grant record-retention requirements and which ones can be tossed? (Inadequate supporting documentation is an area that gets many federal grant recipients into trouble.) Let’s walk through the […]
What is Prior Approval
When you work with federal grants, it’s just a matter of time before someone says, “We need the prior approval of the funder” to do this or that. But this vague term “prior approval” may leave you wondering two important questions when you manage grants: When does 2 CFR Part 200 aka, the Uniform Guidance, […]
10 Essential Questions (and Answers) for Grant Managers-Part I
“Do you have a format for a sub-recipient risk assessment to develop monitoring plans?” “Can you clarify if indirect dollars are subject to the procurement standards?” These are just some of the questions we received at one of our webinars with grant managers on changes to the 2 CFR Part 200 Uniform Grant Guidance. In case […]
Seven Ways to Improve Grant Management-Part II
In my last post: Seven Ways to Improve Grant Management Part I, I shared ways to improve federal grant management with you. These suggestions from various Office of the Inspectors General (OIG) on how to improve the management of your grant. In this second part of our series, I expand on their suggestions by looking […]
7 Ways to Spot a Subrecipient Relationship
One of the grant management questions we get the most emails on is, “What is the difference between a subrecipient and a vendor?” Subrecipient vs. Contractor: What’s in a Name? The distinction between the terminology causes no end of confusion because the terms subrecipient, subgrantee, and subawardee are used interchangeably by federal grant recipients and […]
