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21WA-3684: What Happens to Federal Grants & Contracts During a Lapse in Funding due to a Government Shut-Down (Webinar)

Date Friday, December 17, 2021
Time 1:00pm - 1:55pm
Central Time
Location Online
CPE credits CPE 1.0
Field(s)
of study
Accounting (Governmental) - Technical (1.0)
Specialty
credits
1.0 Yellow Book recommended
Fees
Standard Member Fee $39.00
Standard Nonmember Fee $39.00
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Description

As you listen to current news, there are constant threats to shut-down the Federal government. This session addresses specifically what happens to either grants or contracts during a lapse in funding. What you need to know.

Who should take this program?

Public Accountants, Consultants, Government Contractors and Awardees of Federal Grants and Cooperative Agreements which include: nonprofits, institutes of higher education, hospitals, Federal, state, local and tribal units of government

Major subjects

  • 8 FAQs providing specific scenarios for contractors and grantees
  • What is the Anti-Deficiency Act
  • What is a "necessary implied requirement" for essential services and how that impacts contracts and grants

Learning objective(s)

  • Providing the internal OMB Memo on shut-downs
  • Understanding the implications of the Anti-Deficiency Act
  • Reviewing the FAQs from the OMB memo that specifically addresses shut-down issues specific to Federal contracts and grants

Notes:

Course code Code 21WA-3684
Sponsor Business Professionals' Network, Inc.
NASBA ID#: 107810
Level Basic
Format Group Internet Based
Prerequisites Prereq. None
Advance
prep
None
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