Today, more state and local government entities qualify to receive grant or loan assistance from the federal government through various programs. In addition, many state and local agencies provide additional appropriations. As such, the tracking, documentation, and reporting of funds received can be highly challenging to navigate and manage. Grant managers and administrators are best served working with a trusted advisor who demonstrates an in-depth understanding of programs in sectors including housing, emergency management, agriculture, infrastructure (physical, telecommunications, vertical, horizontal, etc.), healthcare, economic development, and education.
RSM US grant and technical subject matter specialists have extensive knowledge of grant administration and program management and will advise you on best practices whether you’re refining your processes, beginning anew, or expanding your scope. Our professionals include former state agency leaders and policy makers who can advise on policy, budget, legislative matters, and related topics within the full grant lifecycle, which includes:
- Strategic Planning and Prioritization: Establish funding objectives, identify eligible programs, and align priorities with organizational goals.
- Pre-Award Activities: Develop grant opportunities, craft application guidelines, and provide outreach and applicant support.
- Application and Review: Manage application intake, eligibility screening, scoring, and selection processes to ensure transparency and fairness.
- Award and Agreement Execution: Prepare and finalize grant agreements, communicate award decisions, and initiate funding disbursement.
- Post-Award Administration: Oversee compliance, monitor performance, and manage reporting requirements to maintain accountability.
- Financial Management and Audit Readiness: Track expenditures, optimize eligible costs for reimbursement, and prepare for federal or state single audits.
- Closeout and Evaluation: Complete final reporting, conduct audits, and assess program outcomes to inform future funding strategies.
We’ll provide insights on the importance of due diligence related to grant prioritization, application, and funding distribution to optimize eligible costs and expenditures for reimbursement. As a first-choice advisor to state and local government entities, we further have the in-depth experience to successfully assist you with the management, compliance, and preparation of your federal or state single audit.