New Book from AIS and FFMA’s Bob Lloyd Details Changes in Federal Grants Management Under OMB Reform
Atlantic Information Services, Inc. (AIS) - October 20, 2014 - Washington, DC

The Office of Management and Budget’s two-year grants reform effort is the biggest change in federal grants policy in 50 years. A Guide to OMB Grant Reform, a new book co-published by Atlantic Information Services, Inc. and Bob Lloyd, principal of Federal Fund Management Advisor, offers a comprehensive overview of those changes — pinpointing the differences between what’s required now and how federal requirements will change after Dec. 26, 2014, the “effective date” of OMB’s uniform guidance.

A Guide to OMB Grant Reform offers practical guidance organizations can use to align their policies and procedures with these new requirements affecting:

  • Pre-award budgeting and awarding agency scrutiny,
  • Cost allowability,
  • Purchasing goods and services,
  • Time and effort documentation,
  • Indirect cost recovery,
  • Subrecipient management and monitoring,
  • Single audit readiness,
  • ...and much more.

In addition to insightful commentary and suggestions for compliance best practices from Bob Lloyd, this how-to guide contains all the primary documents for easy reference.

Bob Lloyd is a respected authority on policies and practices affecting the award, administration and oversight of federal grants, contracts and subawards. Mr. Lloyd has more than 40 years of experience in federal award implementation. Prior to starting his management consulting practice in Washington, D.C., in 1982, he served as the executive director of the Grants Management Advisory Service and held staff positions in two large federally funded organizations. Since then, he has been a consultant, trainer or advisor to award and audit units in 16 federal award-making 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 18 foreign countries. In addition to of A Guide to OMB Grant Reform, he is the principal author on several other reference works on federal grants management and audits, and currently serves as contributing editor to Federal Grants News, published by Atlantic Information Services. He also is a Charter Life Member of the National Grants Management Association and served on its Board of Directors for five years.

For more information on A Guide to OMB Grant Reform, visit http://federalfundmanagement.com/guide-omb-grant-reform.

About Federal Fund Management Advisor
Federal Fund Management Advisor (FFMA) provides recipients and subrecipients of federal funds with accurate, responsible and practical advice concerning the acquisition, administration and oversight of federal grants, cooperative agreements and contracts. Through management, compliance and best practices webinars, and a wide variety of technical assistance capabilities, this advisory service can help organizations navigate effectively in today’s highly charged federal fund accountability atmosphere. Visit www.federalfundmanagement.com.

About Atlantic Information Services
Atlantic Information Services, Inc. (AIS) is a publishing and information company that has been serving the health care industry for more than 25 years. Its products include print and electronic newsletters, websites, looseleafs, books, strategic reports, databases, webinars and conferences. AIS also assists Bob Lloyd and FFMA in the presentation of federal funding webinars. Learn more at http://AISHealth.com/company/about.

Contact
Darla Fera, Managing Editor
Atlantic Information Services, Inc.
dfera@aispub.com
202-775-9008 ext. 3070

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