Cost-share (also called “match“) is the part of the federally-sponsored project or program that is not paid for by the federal government. “Cost sharing or matching means the portion of project costs not paid by Federal funds (unless otherwise authorized by Federal statute). See also § 200.306 Cost sharing or matching.” From 2 CFR Part 200 […]
federal grant management
How to Write a Corrective Action Plan
What if you were certain the world was coming to an end, and it wasn’t? If you followed the disturbing story of the Hawaiian missile alert sent in error, you probably are glad you weren’t there for the “This is not a drill” emergency drill! Yikes! Things (obviously) didn’t work as expected! The Associated Press (AP) […]
The Shocking Truth about $2.3 Million Payback of Grant Funds
How would you like to write a $2.3 million check to the US Treasury because your grant was mismanaged? Sound painful? An Office of the Inspector General report recommended that $2.3 million in grant funds be repaid to the Federal government. The award was made by the Federal Emergency Management Agency (FEMA) to the state […]
How to Create a Grant Management Manual From Scratch
You may have heard about the need for grant management documentation. Because there is a lot of risk around federal funding… That’s why the federal grant regulations make a risk assessment of federal award recipients a requirement for federal agencies before to awarding any grants. Proper documentation of your federal grant processes has become more important […]
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, subawardee are used interchangeably by federal grant recipients and federal […]
3 Areas for Grant Management Improvement
I recently checked back following a shocking report on the condition of federal grant management in the City of Detroit following their bankruptcy. And I was so happy to see how they were turning around their lack of federal award compliance Not only are their efforts bearing fruit from a grant management improvement standpoint–but even […]