New Considerations for Maximizing Indirect Cost Recovery - Session 3

Jan 28, 2025 1:00-2:30 PM EST

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CPE, CLE Accredited

This is session 3 of 3 in the Uniform Guidance Revisions webinar series.

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

This live webinar is eligible for both CLE and CPE credit.
NOTE: CPE/CLE credit for attendees are subject to participation and approval by the governing boards.

NASBA CPE ACCREDITATION INFORMATION
Learning Level: Beginner
Prerequisites: None
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based

For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.

West Professional Development is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

About Our Experts

Benjamin Sedelmeier

Senior Manager, Capital Edge Consulting

Ben is a leader of Capital Edge’s Federal Grants Compliance Practice and is based out of the company’s Pittsburgh, PA office. Ben has over 9 years of experience supporting both Federal contractors and award recipients with the compliant and efficient management of their federally funded programs. Ben’s expertise includes, but is not limited to, methods of indirect cost recovery, financial modeling, Federal award administration, Federal Acquisition Regulation ("FAR"), and the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal awards to non-Federal entities (aka. “Uniform Guidance”) as well as applicable Federal agency regulatory supplements such as DOE, HHS, DoD, etc.

Ben's industry experience includes defense, nonprofit, and public sector. Ben has assisted clients with Business Systems Compliance, Policy and Procedure Development, In-House Training, Indirect Cost Rate Proposal Development, Indirect Rate Structure Assessment, Subrecipient Monitoring Support, Audit Support and Risk Assessment, Audit Finding Remediation, Procurement System Compliance, Internal Controls Assessment, Forensic Investigations, and other regulatory compliance matters.

Ben graduated from the California University of Pennsylvania with a Bachelor of Arts Degree in Business with a concentration in Marketing.

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Schedule Training

Fill out this form and someone from FPS will contact you shortly. You can fill out as much or as little information as you would like. Prefer to talk to us? Call 888.865.9082.