Thompson Grants Industry Briefing On-Demand Recording: The 2024 Uniform Guidance Revisions Are Coming! How Should Grantees Prepare?

The 2024 Uniform Guidance Revisions Are Coming! How Should Grantees Prepare?

When the Office of Management and Budget on April 22 revised the Uniform Guidance, which becomes effective for new grants and modifications to existing grants as of Oct. 1, it set off a flurry of activity in the grants community and among federal agencies to get up to speed on the changes and to adjust award oversight accordingly. Scanning the revisions, recipients of financial assistance may find that language has been changed and simplified, dollar thresholds have been amended and administrative polices added, but what exactly does this mean for their day-to-day grants operations?

What particular provisional revisions are expected to have the greatest impact on a grantee’s daily administration of an award? What updates could create some confusion and lead to mismanagement of an award if not addressed properly?  How should internal policies be maintained for awards subject to different versions of the Uniform Guidance?

Thompson Grants Advisory Board Member Panelists

David Clark, BDO

David Clark is Managing Director and Practice Leader at BDO, assisting recipient of federal grants (including state and local governments, nonprofits, for profits, and institutions of higher education) in several key areas, including full lifecycle grants management, forensics and investigations, financial risk management, excellence in financial operations, and strategy. Over nearly two decades of consulting, David has supported clients in the management and administration of billions of dollars in federal grants and supported clients through audits from OIGs and False Claims Act cases. Prior to joining BDO, he served as a Director in the Risk, Internal Audit, and Cybersecurity consulting practice of another international accounting firm as well as a Senior Internal Audit Manager at one of the country’s leading financial institutions.

Dismas (Diz) Locaria, Esq., Venable LLP

Dismas (Diz) Locaria, Esq. is a partner with the law firm Venable LLP. His practice focuses on assisting government contractors in all aspects of working with the federal government. He has extensive experience assisting clients with regulatory and contract/grant term counseling, compliance (including ethics and integrity compliance), responsibility matters, such as suspension, debarment and other contracting/grant exclusions, small business matters and GSA Federal Supply Schedule contracting.

Eric Russell, CIA, CGAP, CGMS, MPA

Eric Russell is a professional auditor and management consultant with more than 15 years of experience, including serving as a municipal finance executive, government auditor and consultant, local government budget and legislative research professional, and nonprofit board member. He currently serves a director with ENJ PLLC where he is responsible for government regulatory compliance, process improvement, and public sector management consulting engagements. Eric previously served as deputy finance director with the city of Columbus, Ohio, responsible for grants management, facilities management, construction management, real estate management, and fleet management. He also spent 13 years with Crowe LLP where he served as a senior manager responsible for governmental audits, internal audits and consulting engagements. Eric currently serves as president of the Board of Directors of the National Grants Management Association and as a member of the Thompson Grants Advisory Board. He is a Certified Grants Management Specialist, Certified Internal Auditor, and Certified Government Auditing Professional. Eric holds a Bachelor of Business Administration from Stetson University and a Master of Public Administration degree from The Ohio State University.