The U.S. Department of Labor’s Employment and Training Administration (ETA) has issued a Funding Opportunity Announcement focused on assessing financial systems risk for organizations receiving federal grants. The document outlines the necessary qualifications for grantees to ensure proper management of public funds, requiring compliance with 2 CFR 200 and 2 CFR 2900. Key criteria include the ability to accurately track grant receipts and expenditures, maintain integrated accounting systems with internal controls, and provide timely financial reporting.
The application process requires detailed organizational information, including legal name, founding date, and financial structure, as well as responses to specific questions regarding the adequacy of the accounting system and financial stability. Additional support documentation from independent CPA reviews may also be requested. Organizations must showcase their capability to adhere to financial regulations while demonstrating financial health and operational efficiency to manage federal funds effectively. This funding announcement underlines the government’s commitment to ensuring transparency and accountability in public expenditure.
The U.S. Department of Labor's Employment and Training Administration announces the Next Level Now Technical Assistance Collaborative (NLN TA Collaborative) Funding Opportunity Announcement (FOA-ETA-25-35) with a funding availability of approximately $1.5 million for the first operational year, aimed at enhancing workforce system services under the Workforce Innovation and Opportunity Act (WIOA) and the Wagner-Peyser Act. This initiative seeks to modernize the workforce system, improve service outcomes for job seekers and employers, ensure compliance with federal standards, and promote equity for historically underserved populations.
Eligible applicants, including non-profits, educational institutions, and state governments, may apply for up to $1,500,000 in federal funds, with potential annual increments totaling approximately $4.5 million over a four-year period. The collaborative will provide comprehensive technical assistance (TA), featuring evidence-based practices, workforce innovation strategies, and peer-learning opportunities.
The application process includes stringent eligibility criteria, submission deadlines by February 4, 2025, and a detailed budget narrative. The successful applicant must demonstrate a strong capacity for project management and collaboration with ETA to assess and address evolving TA needs, ensuring benefits for the public workforce system as a whole. Reporting on project performance and outcomes will be required throughout the funding period.