120 - Pre-Award Compliance and Performance
All federal agencies and nonfederal entities need to understand how to comply with federal grant requirements; establish processes that work to prevent waste, fraud and abuse; and meet performance goals. One of the key matters of focus under the Office of Management and Budget’s (OMB) uniform guidance is the importance of performance as well as compliance. Interestingly, this emphasis on performance creates more cross-over between pre-award and post-award processes. Compliance is still important, but performance has raised the bar for all federal agencies and nonfederal entities throughout the grants lifecycle. On the program side, there is a need to establish, not only… Read More