What is a Federal Award?
Let’s look at the term “Award” for federal grant recipients. A federal “award” means grants, cooperative agreements, cost reimbursement contracts, and other agreements between the federal government and a non-federal entity such as a: State Government Local Government Indian Tribal Government Non-profit Organization Institution of Higher Education (IHE) Here is the definition from 2 CFR […]
Three Secrets Grant Writers Need to Know About Grant Management
I was leading grant management training in Jackson, Mississippi, and was pleasantly surprised to have some people in the room who are involved with proposal development for federal awards. Now it wasn’t just professional courtesy that made me so happy to see them, but because some changes baked into the grant regulation 2 CFR Part […]
How to Create a Financial Management Manual from Scratch
When it comes to financial management with federal grants, it seems like you have to become a Uniform Guidance “Master” to determine the requirements. Even if you consider yourself a problem-solver, 2 CFR Part 200 is “peppered’ with an overwhelming list of documentation requirements centered around payment management, property management, record retention, and a long […]
10 Areas of Grant Risk to Consider
It’s a nightmare grant risk scenario! Picture grant funds flying out the door with seemingly little or no oversight. (Remember the “bad” part of the ARRA funding days in 2009? See any similarities between the CARES Act and ARPA funding?) The stories in the press certainly give the impression that good grants frequently go bad. […]
How to Create Written Procurement Procedures from Scratch
The requirement for written procurement procedures is part of the Uniform Guidance that many federal grant recipients have been slow to implement. So if you are wondering how to create the “dreaded” written procurement procedures manual from scratch, don’t worry. We have created a roadmap for success on this federal grant requirement. Written Procurement Procedures […]
Decoding Grant Management-Success Tip: Subrecipient Monitoring
One of the (many) things I found very confusing when I started working in the world of federal grant management is the way the terms subrecipient, subawardee, contractor, subcontractor, and vendor are bandied about, seemingly interchangeably. Find out more about determining a subrecipient vs. a procurement contractor. It didn’t matter if I was talking with […]