Session 7: Mastering the Procurement Standards: How to Avoid the Most Common Compliance Pitfalls>>

Course 7: Mastering the Procurement Standards: How to Avoid the Most Common Compliance Pitfalls

Uniform Guidance contains certain standards with which all recipients and subrecipients are required to comply with when acquiring goods or services that are charge directly to a Federal award. Procurement is commonly viewed as the most prescriptive post award administration topic and also can represent the highest compliance risk to award recipients and subrecipients. This is shown by the large presence that procurement has had in Single Audit findings since the Procurement Standards were implemented in Uniform Guidance, and the length of the standards and apparent complexity can make them intimidating. In 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