Single audit findings have shown a steady increase in noncompliance related to the property management standards contained in the Uniform Guidance. These often-overlooked requirements contain prescriptive requirements, and noncompliance with these requirements can carry significant consequences for recipient organizations. If your organization must make critical decisions on the allowable usage of their federally funded equipment or supplies, this session is a can’t miss learning opportunity for you.

While the Uniform Guidance enables nonfederal entities to negotiate a federally negotiated indirect cost rate to assist in recovering these costs, many organizations still have not taken advantage of this benefit. The Uniform Guidance enables organizations concerned about the effort to determine such a rate to negotiate a 10% de minimis rate, and the recently revised version of the guidance made this option available to a wider range of recipients. Organizations owe it to their mission and to their stakeholders to take full advantage of and recover every dollar of funding that is available. In this session, we will discuss the basic principles of indirect cost recovery including direct vs indirect costs, pools vs bases, allocation methods, cost principles, distorting items, proposal timelines, and the application of rates.

In this session, we will cover Uniform Guidance’s post-award requirements from the perspective of the pre-award phase within the grant lifecycle. We will discuss certain considerations for post-award requirements and how they should impact your organization’s planning and preparation during the development of grant applications and budgets in response to Funding Opportunity Announcements (FOAs). This discussion will include practical advice and tools for post-award professionals to aid proposal development teams’ focus on compliance throughout the pre-award process. Furthermore, we will discuss what processes and controls your organization should have in place as the federal agency evaluates your grant application to ensure that your organization is operating within compliance on day one of your anticipated federal award. By proactively setting your organization up for success, you can promote the effective management of your federal programs while greatly reducing the likelihood of falling into potential non-compliance.

This session will discuss why procurement is the most prescriptive post award administration topic and represents the highest compliance risk to institutions with federally funded research awards. The Federal Acquisition Regulation and 2 CFR 200 are great at telling institutions ‘what’ they must do when procuring goods or services under federal awards, however, they do not tell institutions ‘how’ to establish a compliant procurement system. During this session, we will address adequate procurement policies, roles and responsibilities of key individuals, operational workflow for each method of procurement, and how to conduct adequate cost or price analysis.