Closeout of Grants for Federal Personnel

Management Concepts

How long?

  • 2 days
  • online, in person

Management Concepts

Disclaimer

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Full disclaimer.

Who should attend

Federal staff responsible for closing out grants within their agency's procedural timeframe will benefit from this course.

About the course

Federal agencies face scrutiny from Congress and the Government Accountability Office (GAO) about the number of open grant awards – especially since the passage of the GONE Act. Federal personnel responsible for overseeing grants must take additional measures when planning and executing the closeout process in a timely manner. Mastering elements like final performance reporting and property management provides you with a solid framework and actionable process for overseeing and conducting grant closeouts. This is an elective course in the Federal track of the GMCP™.

Learning Objectives

  • Analyze a Federal award agreement for closeout requirements
  • Pursue late reports
  • Issue disposition instructions for equipment or property
  • Reconcile cost sharing issues
  • Check final indirect costs
  • Determine how to monitor use of property where a Federal financial interest remains after closeout
  • Design a closeout-friendly award document

Course Topics

Preparing for and Initiating Closeout

  • Sources of Closeout Requirements
  • Exercise: Analyzing a Federal Award Document for Closeout Requirements
  • Preparing a Closeout Checklist
  • Can You Begin the Closeout Process?
  • Exercise: Application Review

Collecting Required Reports

  • Required Reports
  • Collecting Final Reports
  • Documenting Report Receipt

Analyzing & Acting on Performance Reports

  • Final Performance Report Review and Acceptance
  • Performance Information Uses and Requirements

Analyzing & Acting on Property Reports

  • Status of Personal Property at Closeout
  • Real Property
  • Intellectual Property

Analyzing & Acting on Financial Reports

  • Reviewing a Final Federal Financial Report (SF-425)
  • Settling Accounts

Final Issues

  • Confirming Compliance with Grant Terms and Conditions Other than Reporting
  • Granting Retroactive Approvals
  • Processing Award Revisions
  • Responding to Problems

After-Closeout Activities

  • Audit Resolution
  • Return of Funds to the Treasury
  • Monitoring Real Property

Improving Your Closeout Rate

  • Best Practices for Timely and Efficient Closeout
  • Changing Attitudes Toward Closeout

Closeout of Grants for Federal Personnel at Management Concepts

From  $889

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

We are happy to help you find a suitable online alternative.