This is the 4th edition of Thomson Reuter's one-volume treatment of the broad topic that is federal grant practice, from both the federal agencies and grantees perspectives. The annual chapter on current events in federal grants includes a discussion of OMB s proposed Uniform Guidance, which is a pending amalgamation of all of the OMB grant circulars, and how that might affect grant practice in the near future. In addition to the legal parameters of grant awards, and the agency s selection of a grant, cooperative agreement, or procurement relationship, the book covers grants administration and management from the agencies as well as the recipients perspectives, to include recipient contracting with grant dollars; subaward management; case studies and decisions on recipient noncompliance and agency responses; property and financial management; cost allowability and documentation; agency-recipient disputes and closeouts (a hot topic for the GAO and IGs).
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