The Office of Management and Budget recently issued Version 1.0 of the Standard Grants Management Data Elements. The data elements had previously been made available for public comment from November 2018 to February 2019.
As part of the announcement, OMB, on behalf of the Cross-Agency Priority Goal: Results-Oriented Accountability for Grants Executive Steering Committee (ESC), also published an infosheet explaining how the Standard Grants Management Data Elements fits within the broader federal government goal of “maximizing the value of grant funding by applying a risk-based, data-driven framework that balances compliance requirements with demonstrating successful results for the American taxpayer.”
Continue reading OMB Issues Version 1 of the Standard Grants Management Data Elements
As federal agencies continue their move towards a more data-centric approach to grants management, areas like grantee risk assessment and performance evaluation are positioned to reap the early benefits of the ongoing data revolution in government.
On June 6, attendees at the Department of Health and Human Services (HHS) Grants Management Conference in Shady Grove, MD were given glimpses of how data can be leveraged to help achieve mission objectives more effectively and efficiently.
At HHS, improving efficiency by even a single percentage point can mean billions of dollars saved, said Michael Peckham, who heads up the Reinvent Grants Management initiative at HHS.
In fiscal year 2018, for example, about 67% of all federal grants came from HHS, totaling about $509 billion. Peckham, citing a study by the Federal Demonstration Partnership, said that an estimated 44% of awarded grant funds are spent on grantor and grantee overhead.
“Imagine creating efficiencies and reducing administrative burden by 1% annually” and utilizing those funds for mission objectives, he said.
In fact, a range of data-related reforms are already being rolled out and tested within HHS. These efforts are laying the foundation for the more efficient and effective use of federal grant funds in the coming years.
Continue reading HHS Conference Affords Glimpse Into ‘Reinvention’ of Federal Grants Management
On November 15, the Results-Oriented Accountability for Grants Cross Agency Priority Goal Team began collecting feedback on the Federal Grants Management Draft Data Standards via a dedicated website.
In developing the data standards and soliciting public input, the Federal Government aims to “… contribute to a future state where grants data are inter-operable, [where] there are fewer internal and public-facing grants management systems, and [where] Federal awarding agencies and recipients leverage data to successfully implement a risk-based, data-driven approach to managing Federal grants.”
The Team notes on https://grantsfeedback.cfo.gov that “these data standards are a pre-decisional draft and should not be interpreted as setting policy or official guidance.”
Continue reading Public Feedback on Federal Grants Management Draft Data Standards Open Until January 15
When you receive a federal grant, you are receiving taxpayer dollars with the expectation you will successfully implement a public-serving project. Such projects can range from publishing scientific research results to creating apprenticeship opportunities for underrepresented populations to providing foreign aid and democratic development.
To ensure you (i.e., the award recipient) are using the funds ethically and efficiently, the federal government establishes grant reporting requirements. After you submit these reports, the grant-making agency then has staff who carefully review them to maintain transparency and to prevent fraud and abuse.
Continue reading Prepare for Reporting Requirements – Grant Writing Basics