A Practical Guide to Federal Grants Management —
From Solicitation Through Audit

A “how-to-do-it” guide designed to track the life of a federal grant from start to finish.

A Practical Guide to Federal Grants Management —<br> From Solicitation Through Audit

A Practical Guide to Federal Grants Management – From Solicitation Through Audit is a comprehensive management guide, compliance document and training tool for busy grants managers, program directors, financial officers and auditors at nonprofit organizations, educational institutions, and state and local governments. 

This convenient desktop guide blends age-old conventional wisdom with the historic changes to OMB’s uniform guidance. You'll benefit from the advice of experts on time and effort reporting, procurement under grants, direct charging certain costs, single audit preparations, subrecipient monitoring and much more.

The 3rd edition of the guide integrates OMB's 2020 Uniform Guidance revisions, which apply to new awards and modifications to existing awards issued on or after Nov. 12, 2020.



This Guide Will Help Your Team:

  • Understand the differences between direct and indirect costs
  • Make the subrecipient vs. contractor determination
  • Realize the full impact of OMB’s emphasis on internal controls
  • Understand which familiar elements of time and effort reporting have been retained in the uniform guidance ... and which are new
  • Know the nuances of requirements for subrecipient assessment and monitoring
  • Understand contract clauses in agreements for procurement under grants
  • Apply the general tests of allowability
  • Understand special issues confronting pass-through entities contracting with foreign organizations
  • Know which clauses flow down when crafting a subaward
  • Understand what is meant by a 10% de minimis indirect cost rate
  • Audit the vulnerabilities in your grants management operation
  • Understand what is meant by audit "resolution"
  • And more!

A Practical Guide to Federal Grants Management is the best insurance policy there is for limiting your organization’s risk of disallowed costs, loss of federal funding and public relations nightmares.

Table of Contents:

  • Chapter 1: Introduction to Federal Assistance
  • Chapter 2: Solicitation
  • Chapter 3: Application
  • Chapter 4: Agency Review and Negotiation
  • Chapter 5: The Award
  • Chapter 6: Payment and Cash Management
  • Chapter 7: Post-Award: Financial and Cost Management
  • Chapter 8: Indirect Costs
  • Chapter 9: Post-Award: Procurement and Property Management
  • Chapter 10: Reporting
  • Chapter 11: Managing Subrecipient Awards
  • Chapter 12: Award Closeout
  • Chapter 13: Audits
  • Chapter 14: Audit Resolution
  • Chapter 15: Special Topic: Indirect Cost Rate Determinations for Nonprofits
  • Chapter 16: Special Topic: Indirect Cost Rate Determinations for IHEs
  • Chapter 17: Special Topic: Indirect Costs and States, Local Governments and Indian Tribes
  • Chapter 18: Special Topic: Research Compliance
  • Appendix Material/Source Documents
    • Appendix 1: OMB Uniform Guidance
    • Appendix 2: COFAR FAQ
    • Appendix 3: OMB Commentary
    • Appendix 4: OMB Guidance on Suspension & Debarment
    • Appendix 5: Sample Rate Agreement 

About the Guide:

A Practical Guide to Federal Grants Management – From Solicitation Through Audit is a 500+ page softbound desktop guide.

Special bulk rates are available at 5 or more copies. To take advantage of this offer, contact client services by phone at 1.800.677.3789 or by email at service@thompson.com.