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 […]
uniform guidance
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 […]
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 […]
5 Little Known Facts About The Drug-Free Workplace Rules That Affect Your Grant
Reducing grant management risk is not limited to financial fraud; this effort also includes instituting policies and procedures, like the Drug-free Workplace Act. Grant recipients much also provide the oversight necessary to meet specific regulatory requirements that are part of your federal grant. Unfortunately, some federal grantees don’t realize that the Drug-Free Workplace Act of […]
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 figure out what the requirements are. 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 […]