OMB Super Circular Explained: Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

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Resources

Intro

For the first time ever, starting December 26, 2014, nonprofits receiving federal and flow-through grant funding can be paid the indirect costs they deserve. At that time, the new Super Circular from the Office of Management and Budget (OMB) will go into effect. The OMB Super Circular is a single guide that streamlines reporting, policies on direct and indirect costs, cost-sharing (matching), 99 key grant data elements and associated definitions, audits and more!

Topics

In this webinar, you will learn …

  1. Overhead myth and views of watchdog groups
  2. 9 ways the OMB Super Circular reduces administrative burden, waste, fraud, and abuse
  3. Problems: inconsistencies, arbitrariness and unrealistic expectations
  4. Solution: Federal grant reform (OMB Super Circular)
  5. Overview of OMB Super Circular
  6. Timeline of history and implementation of OMB Super Circular
  7. The easy way and harder, but better way to calculate indirect costs

Facilitator Bios: Beth Bowsky & Phil Johncock

Beth Bowsky is Policy Specialist for Government-Nonprofit Contracting for the National Council of Nonprofits.

 Phil Johncock is the Lobbyist and Executive Director for the Alliance for Nevada Nonprofits.

phil