Don’t Wait! Take Part in Thompson’s Grants Handbooks Updates Now

June 6, 2014 | By Jerry Ashworth | Post a Comment

butterflyOne of the more fascinating things I saw during a week-long trip to Costa Rica last year came during a visit to a butterfly sanctuary. We walked through several greenhouse-like buildings that were teeming with beautiful butterflies. One of the more notable butterflies down there was the blue morpho butterfly, which is a brilliant blue color. Because the cocoon of the butterfly (or to be more technically correct, the chrysalis) becomes almost translucent in its latter phases, even it was a pretty blue, and it was quite a sight to see rows of delicate colorful chrysalises lining the wall. Usually you wouldn’t say a cocoon/chrysalis was interesting viewing, but in this case it was.

Why do I mention this? To make the point that a work in progress sometimes is not to be missed. That certainly rings true with our grants publications here at Thompson. Following the release last December of the Office of Management and Budget’s uniform grant guidance, we realized our long-standing handbooks – the Federal Grants Management Handbook and Single Audit Information Service – would require major revisions. Working with two experts in the grants management and single audit communities, we have launched a massive project to revise these publications.

We are updating Vol. I of the Federal Grants Management Handbook tab by tab through this year to make it relevant to the new guidance, which will apply to federal funding issued on or after Dec. 26, 2014. For the Single Audit Information Service, we have essentially frozen the existing Vol. I, which will apply to grants prior to the new guidance, and have issued a new Vol. I — Uniform Grant Guidance, which will apply to awards after the new guidance becomes effective. We will be adding new tabs to this new Vol. I month by month over the course of the year until it is complete.

We are excited about these revisions and know that they will keep our subscribers ahead of the game when complying with the new guidance. However, like the blue morpho chrysalis, there’s no reason to wait until the end of the year before joining the Thompson family. There is much to do to prepare for the new guidance – internal policies to revise, IT systems to update, etc. – that it’s a good idea to join now and see what these books have to say as we issue revised tabs. In addition, our newsletters are also loaded with critical stories that can help subscribers keep informed and prepare themselves for the changes.

Basically look at our current grant content updates – either in our print publications or on our electronic library at — as a row of blue morpho chrysalises, and with each month’s update, a chrysalis is opening to provide you with tremendously useful information worthy of a long look. You’ll be glad you did.

How are you preparing now to comply with the new guidance? Let us know.


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