You’ve may have heard about it Grant Management. The new grant regulations are making a risk assessment of Federal award recipients a requirement for Federal agencies prior to awarding any grants. In fact, proper documentation of your federal grant processes has become more important than ever! One of the reasons for this is that the […]
federal grant training
The Top 6 Ways to Distinguish Between a Grant Subrecipient and a Vendor
Ah, the grant subrecipient. There is lots of confusion around classifying contractors vs. subrecipients when it comes to federal funding. And as a grant management professional, you probably know there are a lot more compliance requirements concerning spending grant funds with a subrecipient when compared to a contractor (aka a vendor.) Here are just a […]
Waste, Fraud and Abuse Cost the Federal Government Billions
Government waste, fraud, and abuse cost taxpayers billions of dollars each year and that’s just on the US Federal level! But do you know what these terms mean when it comes to spending of Federal funds? Here are some examples… What is Fraud? Fraud is any deliberate deception that exists to unlawfully deny the Federal […]
How Safe is Your Grant from an $8 Million Mistake?
CivilBeat.com reported HUGE grant mistakes that forced the U.S. Department of Housing and Urban Development (HUD) to request the City of Honolulu to repay nearly $8 Million in Federal Community Development Block Grant funds that were sent to a non-profit organization that serves the elderly. The multi-year investigation revealed numerous grant mistakes with managing federal […]
7 Warning Signs of Waste, Fraud and Abuse
We know that waste, fraud and abuse cost the Federal government billions of dollars each year. But do you know the signs? Here are seven warning signals of waste, fraud, and abuse to help you spot potential risks to your Federal grant. 7 Warning Signs of Waste, Fraud, and Abuse #1 Unethical Relationship Example: The bidder […]
What is Cost-share or Match?
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 […]