Goldmines and Landmines – Fundamentals of Federal Grants Compliance: Special Olympics International

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Today’s Objectives: Discuss key statutory and regulatory compliance requirements for Federal Grant recipients and subrecipients; Identify principal noncompliance risks and strategies for mitigating risk of noncompliance; and, Opportunity to ask questions!

Federal Grant Compliance – Key Points: By accepting a federal grant (or subgrant), the recipient agrees to comply with the applicable Federal requirements and to the prudent management of all expenditure and actions affecting the award; Every submission (e.g., Grant application, performance and financial reports, periodic certifications) is a statement to a government official; Every request for payment is viewed as a certification that the awardee is complying with all material requirements and

terms; Only Actual Authority will normally bind the government –

beware of “guidance” from unauthorized government representatives.

Please see full presentation below for more information.

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Published In: Administrative Agency Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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