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When & Where

March 24 to March 24, 2021

Federal Grants Management Webinar Series Part 1: Indirect Cost Fundamentals for Program Directors and Other Non-financial RDO Staff

NADO.org > Upcoming NADO Events > Federal Grants Management Webinar Series Part 1: Indirect Cost Fundamentals for Program Directors and Other Non-financial RDO Staff

Overview

Indirect Cost Fundamentals for Program Directors and Other Non-financial RDO Staff

One of the most misunderstood concepts in the federal grant field is the recovery of indirect costs. Financial staffers from federal awarding agencies, pass-through entities, and even recipient and subrecipient organizations talk in a mysterious language about indirect costs that only they seem to understand. Some elected officials act like recovering indirect costs is borderline illegal while some in the media often brand it as wasteful of taxpayer funds. But, once you get by most of the technical language, the concepts and procedures involved are readily understandable…and fully justified. And, the truth be told, recovering indirect costs is essential to the programmatic operations of grant recipients and subrecipients like regional development organizations. This webinar will distill the requirements for recovery of indirect costs contained in federal regulations and demonstrate in plain English how a resulting indirect cost rate is obtained and used while planning and executing your federal grant funded projects and programs. March 24, 2021; 2:00 – 3:30 pm Eastern; Cost is $50 for NADO members, $125 for Non-members.

Federal grants management expert, Bob Lloyd, will conduct the training. He is a respected authority on policies and practices on the award, administration, and oversight of federal grants, contracts and subawards. He has more than 40 years of experience in federal award implementation. Bob started his career as an intern with a metropolitan council of governments and subsequently rose to a senior management position with another. In his lengthy consulting practice, he has served under contract to seventeen federal awardmaking departments and agencies and to recipient and subrecipient organizations and their professional advisors located in all 50 states, the District of Columbia, several U.S. territories and eighteen foreign countries. He is the author of several reference works of grants management and audits and has served as an adjunct public administration instructor at two major universities. Bob has served NADO and its members on numerous training and advocacy engagements.

Bernadette Grafton, Program Analyst, Performance and National Programs, U.S. Economic Development Administration (EDA), will join Bob and talk about EDA’s approach to Indirect Cost.

Click the red Registration button on the left side of the page for information about registering for the webinars.