When managing a federal grant, one of the decisions you may need to make is what type of contract to use for procuring goods and services. And when that grant is a federal award, it becomes even more critical as the federal funding comes with rules and preferences about what types of contract you can […]
uniform guidance
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 […]
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 […]
3 Little-Known Factors That Could Affect Your Grant Travel Costs
Decoding federal grant travel costs can be a bit confusing. Let’s open the grant management mailbag again today for some common problems encountered in the “real-world” by “real-life” grant managers. Here are three factors affecting actual travel vs. per diem federal travel costs on your grants. A Grant Manager Writes: “We are the Prime Recipient on […]
Three Favorite FAQs For Indirect Costs
In a past article, we posed the question, “Do the Uniform Guidance FAQs Really Matter?” As promised, in this article, we’re going to do a deep dive into the world of indirect costs and some of the “unintended consequences” that surfaced in the FAQs from OMB. Indirect costs continue to be a source of confusion […]
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 […]