Tab 400 - Preparing To Receive Funds

Overview It takes teamwork to both develop and manage a grant project. Once applications have been successfully submitted, reviewed and awarded funding by the federal agencies, applicants must prepare to become recipients. While many grant professionals think in terms of pre-award and post-award, the award process that comes in between is often overlooked. The more attention a recipient or subrecipient pays to award processing, however, the better. Federal awards are considered restricted projects. The funds received are restricted to the approved grant budget, and the program activities described in the proposal must match those stated in the award agreement. Anticipated… Read More