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 […]
Grant Management Training
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 […]
Decoding Grant Management-Success Tip: Competition and Affirmative Steps
“It’s not fair!” This cry is not just for toddlers and politicians. The federal government also jumps in the mix regarding federal grants. The Uniform Guidance (2 CFR Part 200) requires grant recipients to include small, women, and minority-owned businesses in federal spending. A $4.85 Million Grant Management Mistake I shared a case study in […]
How to Write A Corrective Action Plan-Part II
If you are a federal grant recipient, you probably know that a lot has changed implementing 2 CFR Part 200, aka, the Uniform Guidance for grants. But you may not realize that one of the goals of this change was to reduce the number of audit findings and the need for corrective action plans. Better […]
10 Essential Questions (and Answers) for Grant Managers-Part II
“How do pass-throughs entities (and grant managers) assess risk and integrity? We use subawards, but I’m unsure how to assess risk and integrity.” “Do sole source procurement rules apply to all purchase threshold levels? Do you have to seek prior approval from the funding agency to sole source?” “Would a consultant providing services to a non-profit […]
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 […]