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Organizations dependent on federal funding need to consider options
ARTICLE | February 10, 2025
Authored by Roger Martinez
In an ever-changing economic landscape, the risk of financial instability and operational disruptions are at the forefront of organizational concerns, particularly for those reliant on federal funding. As highlighted by the recent executive orders from the Trump administration to halt specific federal spending categories, these entities are particularly vulnerable.
The article shared below provides an enlightening exploration of this issue and offers best practices for mitigating potential liquidity and financial risks.
The author delves into a comprehensive guide on ways to diversify revenue streams, maintain clear communication with stakeholders, and develop contingency plans, among others. Furthermore, the piece provides practical advice on how to handle suspensions, pauses, or terminations of awards and the steps to take for cost recovery. The article serves as a valuable resource for organizations navigating the complexities of federal funding. To learn more about managing financial risk and operational disruptions due to changes in federal funding, click the link below.
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