Oversight Workshops:
The Federal Transit Administration (FTA) conducts oversight workshops across the country for its grantees each year. The purpose is to help attendees broaden their understanding of the federal rules and regulations, as well as how to comply with FTA program requirements. Continuing this commitment, FTA will host a series of Procurement System Review (PSR) Workshops and Financial Management Oversight Review (FMO) Workshops from March - May 2017.
The PSR workshops are designed to encourage and facilitate improved grantee procurement operations. They foster the use of industry best practices; and inform the grantee about the Federal procurement requirements, specifically the requirements of FTA Circular 4220.1F and other applicable statutory and administrative requirements. These workshops are intended to educate, inform and exchange information with grantees regarding FTA required procurement and program responsibilities; as well as guide grantees through the PSR process. Attendees will include Regional Office staff members, FTA PSR contractors, and public transit agency staff.
The FMO workshops are conducted in order to assist grantees in enhancing and refining their financial management systems to meet the standards established by 2 CFR Part 200 and Part 1201 “Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards,” and other FTA and Federal regulatory requirements. Participants will be provided with exercises and case studies patterned after actual FMO reviews. Attendees will include Regional Office staff members, FTA FMO contractors, and public transit agency staff.
