Let OMB Know What You Think About the FFR Do you have comments on the usefulness of the Federal Financial Report (SF-425), how it could be improved, other ways to collect the same information, or similar ideas about the collection of financial information? Well, OMB wants to hear from you. In the July 28 FederalRead… Read more »
Yesterday, a House subcommittee held hearings on “Improving Oversight and Accountability in Federal Grant Programs.” Officials from OMB, GAO, federal agencies, and the private sector all testified. And while (in my opinion) there was not a lot of new information or new ideas, the fact that Congress is now paying more attention to grants managementRead… Read more »
It seems it is not a matter of whether, but when, the federal government will impose new reporting requirements on recipients of federal financial assistance. On the same day, President Obama issued a new executive order on the matter while a key member of Congress introduced legislation that could have a drastic impact on grantsRead… Read more »
This week’s Project of the Week is brought to you by one of GovLoop’s 2011 Major Partners, SAP Public Services. As the year continues they will continue to be present on GovLoop to help educate and mobilize your agency. Dr. GovLoop recently caught wind of a great project SAP conducted to get North Carolina’s DepartmentRead… Read more »
I’ve been looking at the recently released 2011 A-133 Compliance Supplement and found several items of interest (at least to me) that I thought I would pass along. OMB added a a new element to the core compliance requirements to alert auditors and program officials as to whether the reporting requirements of the Transparency ActRead… Read more »
Grant recipients (both pass-through entities and subrecipients) may want to take note of an interesting item in OMB’s recent guidance on implementation of the Improper Payments Elimination and Recovery Act (PL 111-204). OMB says that for grant programs, agencies must consider payment recapture audits at the grant recipient level. “Federal agencies should work with stateRead… Read more »
This week Congress will vote on a continuing resolution to fund the federal government for the remainder of the current fiscal year. I’ve been looking at the proposal and noticed a few things that might be of interest to grants professionals. First, while the theme of transparency and accountability grow, Congress is planning to slashRead… Read more »
On September 20, 2010 Microsoft released Grants360, a solution accelerator for grantee organizations. InfoStrat and its partner TrueTandem developed the solution to provide end-to-end management of the grant process, from soliciting applications to review, award, and post award tracking. Grants360 (databasheet) is build using Microsoft Dynamics CRM for the management module and Microsoft Azure forRead… Read more »
Although our economy remains to be weak, there’s one bright side to this – U.S. solar power companies have increased their revenue by 36% last year, while adding 17,000 jobs. Why the sunny outlook for this business sector? Grants and tax breaks which were included in the economic stimulus bill. If the government extended thisRead… Read more »