Webinar
Save Your Seat!
Thurs. Jan. 16, 2025 | 11a PT / 2p ET
This Complimentary Webinar has been sponsored by Attain Partners, Gold Sponsor of SRAI.
Effective October 1, 2024, in the process of updating its HHS Grants Policy Statement for the OMB Uniform Guidance revisions, the Department of Health and Human Services (HHS) also updated its salary rate limit (SRL) – currently set at $221, 900 – which will apply to both direct and indirect salary for all HHS awards made on or after this date. This marks a significant sift, as the SRL previously applied on to direct salaries. NIH issued a similar policy, detailed in the NIH notice NOT-OD-25-025 (November 14, 2024). The new policy requires immediate action from grantees regarding their indirect cost rates and cash drawdowns.
This webinar will cover the history and background of the SRL, its implications for grantees, and actionable steps to ensure compliance. Attendees will learn how to recompute indirect cost rates, adjust cash drawdowns as needed, and address fixed or provisional rate scenarios. The webinar will also explore the necessary implementation plan and required steps for compliance, and highlight the consequences of non-compliance.
Attendees should have a basic knowledge of the current Uniform Guidance 2 CFR 200, a basic knowledge of the HHS Grant Policy Statement issued on October 1, 2024, and a basic knowledge of the NIH Grant Policy Statement.
Knowledge Level: All Levels
Learning Objectives
- Understand the new requirements for the HHS Salary Rate Limit.
- Identify the impact on current indirect cost rates (i.e., predetermined, fixed, or provisional rates).
- Assess ways to recompute the current indirect cost rates and readjust cash drawdowns.
- Develop an implementation plan to comply with new requirements and avoid audit consequences.
Contributors
Gil Tran, CPA
Senior Specialist Leader, Attain Partners
Gil Train, CPA, Senior Specialist Leader at Attain Partners, is a 27-year veteran of OMB. he played an integral role in the development of the 2013 Uniform Guidance and its 2020 revisions. Gil started his “grant” journey as a research administrator at Georgetown University and served three years as a senior cost negotiator for the HHS Cost Allocation Services.
Nicole Parker
Principal, Lewis-Burke Associates LLC, Association of Independent Research Institutes (AIRI)
Nicole is a Principal at Lewis-Burke Associates LLC specializing in the intersection of health and biomedical, behavioral, and social sciences research. At Lewis-Burke, she focuses on federal research policy, grants policy, and education and workforce policy, particularly within key agencies like the National Institutes of Health (NIH). At the firm she supports the Association of Independent Research Institutes (AIRI). Before joining Lewis-Burke, Nicole served as a Science Policy Analyst at Ripple Effect, a management consulting firm providing services to federal, private, and non-profit clients.
