Redefining Grant Accountability for Success

BFS Grant Administration and Monitoring empowers organizations to maintain the integrity of their grant programs while driving efficiency and compliance. With decades of experience, innovative tools, and expert insights, BFS offers a comprehensive suite of solutions that enhance outcomes and reduce administrative burdens. From program development to subrecipient monitoring, BFS is your trusted partner in navigating the complexities of grant funding.

Comprehensive Services for Every Stage of the Grant Lifecycle

BFS provides tailored support throughout the grant lifecycle, including:

• Program Development and Administration: We collaborate with clients to establish programs with SMART goals, well-defined grant agreements, and transparent evaluation processes. Our holistic approach includes rigorous risk assessments, financial oversight, and performance monitoring, ensuring alignment with your objectives.

• Grant Agreement Formation: BFS excels in creating comprehensive agreements that define roles, reporting criteria, budget constraints, and performance expectations. We incorporate subrogation requirements to ensure accountability and compliance across all levels of funding.

• Diverse and Inclusive Evaluations: Leveraging client evaluators or assembling specialized teams, BFS facilitates equitable evaluation processes. Our commitment to diversity fosters robust outcomes and a culture of fairness, reflecting the richness of varied perspectives.

• Continuous Improvement: BFS stays ahead of evolving regulations and best practices, continually refining methodologies to deliver exceptional grant administration services.

Subrecipient Monitoring for Accountability and Impact

Effective grant monitoring is key to optimizing resources and achieving impactful results. BFS redefines subrecipient monitoring with customized solutions tailored to your grant’s unique needs. Our services include:

• Risk Oversight: Identifying and managing high-risk areas, from financial stability to performance history.

• Agreement Compliance: Ensuring adherence to subrogation requirements and pass-through funding guidelines.

• Fiscal Reviews: Verifying the proper use of funds in line with 2 CFR 200, GAAP, and other frameworks.

• Progress Tracking: Regularly evaluating milestones to ensure alignment with grant objectives.

• Records Reviews: Conducting meticulous documentation reviews for transparency and accountability.

• Issue Resolution: Addressing challenges with actionable solutions and ongoing monitoring.

• Closure Assurance: Providing thorough support for financial reconciliation and project closeouts.

Technical Assistance for Long-Term Success

BFS offers more than just technical support—we provide a partnership for success. Our technical assistance services are designed to enhance compliance and efficiency while empowering organizations to achieve their goals. Key offerings include:

• Holistic Guidance: Supporting clients from grant application to post-award management.

• Customized Workshops: Delivering tailored training programs to address specific challenges.

• Innovative Technologies: Leveraging AI and data analytics for enhanced grant program development and compliance tracking.

Corrective Action Plan Implementation

BFS turns grant challenges into opportunities with tailored corrective action plans. We focus on community-centric solutions, collaborative partnerships, and measurable results to ensure meaningful impact and sustainable improvement.

Seamless Grant Closeout Services

The grant closeout phase is critical for compliance and accountability. BFS ensures accurate reconciliation of expenditures, alignment with objectives, and comprehensive reporting. Our expertise in financial and programmatic closeouts gives clients confidence in their final outcomes.