440 - Project Set Up

Grants, cooperative agreements, and fixed amount awards are considered restricted projects with special requirements that the recipient or subrecipient needs to follow. Implementing a grant project is serious business. Once the award documents are reviewed, negotiated if necessary and accepted, many program managers wish to start implementing the project and spending funds immediately, but there are a few more steps that need to take place before the project can get started. The award first needs to be set up in the nonfederal entity’s internal systems and records. Who Sets Up the Project? Several offices need to set up the project. The program manager or principal… Read More