Uniform Guidance isn't uniform and it is vital that Federal award administrators understand how to navigate the regulatory framework that covers Federal grants and cooperative agreements (i.e., Federal financial assistance). During this session, we will provide participants with an overview of OMB's regulatory framework (i.e., "Uniform Guidance"), discuss the agency supplemental regulations, review the history and applicability of the Federal award regulatory requirements, and provide an initial introduction to OMB's 2024 revisions to Uniform Guidance. Learning Objectives:  Understanding the regulatory framework governing Federal financial assistance  Exploring the Cost Principles governing the allowability, allocability, and reasonableness of costs incurred under our Federal programs  Introduction to OMB's 2024 revisions to Uniform Guidance

Discover the critical updates to the 2024 Uniform Guidance revisions with this comprehensive webinar series. This 3-part webinar series is designed for Federal award administrators, these sessions will provide essential insights into regulatory changes, compliance strategies, and cost recovery best practices to safeguard your organization's Federal funding opportunities.

In this session, we will dive into the post-award administrative topics that can pose the largest amount of risk to even the most seasoned award recipients. Unfortunately, the Uniform Guidance regulation is great at telling organizations `what' they must do when performing under Federal awards, however, they do not always tell organizations `how' to establish compliant practices and processes that will fulfill the expectations of Federal agencies. During this session, we will address key administrative requirements and the associated best practices for award administration. Learning Objectives:  Understanding the revisions to post-award administrative requirements necessary for the successful and compliant execution of your Federal awards. This session will cover the areas of: o Timekeeping o Procurement o Subrecipient Monitoring o Post-closeout adjustments & continuing responsibilities

Is your current indirect cost allocation strategy right for your organization? One of the major benefits afforded by the implementation of Uniform Guidance is the ability for award recipients to negotiate indirect cost rates with the federal government. Unfortunately, many organizations still have not taken full advantage of this benefit. We live in a time where Federal budgets are shrinking and indirect rates are under increased scrutiny. It has never been more important for award recipients to ensure they are efficiently recovering their fair share of administrative costs on Federal awards. If "Set-It-And-Forget-It" is your organization's current strategy for indirect cost recovery this session is for you! In this session, we will examine the updates to the De Minimis rate, the Appendices to 2 CFR 200, and learn how to utilize these changes to optimize your organization's current cost recovery practices. Learning Objectives:  Benefits of having a Negotiated Indirect Cost Rate Agreement  How to leverage your rates once approved  Best Practices for evaluating your indirect cost recovery practices  Updates to Uniform Guidance