Government Funding & Compliance Advisory
Todd Carpenter
Managing Principal
Bryan Halpin
Director
Joel M. Laubenstein
Principal
Nate Voss
Principal
Cory R. Wendt
Principal
Secure, optimize and deploy federal and state funding.
Federal, state and local governments across the U.S. offer numerous tax credits, incentives, grant and alternative funding opportunities available to eligible organizations.
Are you considering pursuing or have you been awarded federal funding? Explore our suite of project financing consulting services to help clients protect value, limit risk and maximize return for federal funding recipient programs and passthrough programs.
Navigate federal funding with ease
Where to begin? We’ve got you covered.
Navigating the complex landscape of government funding and incentives can be daunting, but by leveraging a deep expertise in federal funding recipient programs, we help organization leaders unlock and optimize funding potential while ensuring compliance with all regulatory requirements. You can expect personalized, end-to-end guidance and capital structuring that minimizes risk and maximizes funding potential.
Discover and align funding opportunities
In an ever-changing market with new programs and shifting eligibility requirements, our specialists track and identify funding opportunities that align with your strategic objectives. You don't need to be all knowing; we ensure compliant pairing of priorities with available programs.
How can we help?
- Identifying and monitoring government funding programs
- Advocating and liaising between organizations and related funding agencies
- Advising on eligibility and program requirements
- Aligning priority projects with program selection criteria and objectives
- Developing a funding strategy and capital stack
- Assisting with go/no-go decisions on individual opportunities
Maximize your funding potential
Securing and deploying funds involves complex applications and strategic planning. Our extensive experience working with various federal and state agencies can help forward-looking organizations to effectively structure, optimize and deploy available funding.
Services available to you:
- Competitive funding pursuit and pursuit management
- Grant writing support or outsourced grant writing services
- Award negotiations advisory
- Project development and implementation
- Project finance
- Risk advisory and construction risk monitoring
- Tax credit substantiation
- Federal tax credit advisory, structuring and monetization
- State and local tax credit identification, eligibility and negotiations
- Tax filing
- Post-award grant management and reporting
- Federal grant and contract cost accounting
- Indirect rate strategy and Negotiated Indirect Cost Rate Agreement (NICRA) support
Ensure compliance and mitigate risks
Securing and deploying funds is just the beginning. We help you set up a compliance program to receive federal funding, ensuring regulatory compliance, avoiding penalties and managing risks. Our ongoing support and development advisory services help you demonstrate good stewardship of funds and avoid potential recapture.
Our services include:
- Regulatory compliance program assessment, development and implementation
- Compliance policy and procedure development
- Business systems design and implementation
- Cybersecurity risk assessments
- Managing risks and demonstrating good stewardship of funds
- Davis Bacon and prevailing wage and apprenticeship (PW&A) matters
- Build America, Buy America Act and domestic content compliance solutions
- Compliant program administration support and advisory
- Compliance testing, monitoring and reporting, including subaward monitoring
- Additional regulatory compliance support specific to financial conflict of interest (FCOI), export controls, research security (NSPM 33), effort reporting, Institutional Review Board (IRB), Institutional Animal Care and Use Committee (IACUC) and Responsible Conduct of Research (RCR)
- Audit support and advisory
Trending programs
Inflation Reduction Act Tax Credit Solutions
The Inflation Reduction Act (IRA) includes the largest clean energy incentive effort in U.S. history. Find out how your organization can leverage IRA energy tax credits to save as much as 50% or more on qualifying project costs.
New Markets Tax Credits
Leading your project through the competitive New Markets Tax Credit financing process.
Infrastructure Investment and Jobs Act (IIJA) resources for your community
Baker Tilly’s federal funding specialists outline key IIJA resources available to communities
American Rescue Plan resources for public sector
Stay up to date on American Rescue Plan (ARP) news and guidance for state and local governments.
CHIPS Act aims to support thriving semiconductor sector
President Biden signed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act (H.R.4346) into law, triggering significant actions to strengthen the U.S. semiconductor industry.
Grants Administration & Research Compliance
A strong research portfolio coupled with a robust grants administration and research compliance infrastructure help to attract top talent and build prestige for an institution.
Department of Education releases HEERF III guidance
The Higher Education Emergency Relief Fund III (HEERF III), authorized by the American Rescue Plan Act of 2021 (ARP), provides $39.6 billion in additional support for higher education institutions.
GRIP Program Solutions
Comprehensive support to enable excellence in grid performance
Historic Tax Credits
The trend to revitalize historic buildings nationwide is becoming more prevalent with the availability and value of Historic Tax Credits.
Unlocking potential: case studies
Let our professionals lead the way
Baker Tilly professionals bring unparalleled expertise in government funding and compliance, leveraging decades of success across a wide range of programs and industries. Our team excels in securing and optimizing tax credits, grants and incentives, ensuring our clients achieve strategic capital formation while maintaining rigorous compliance standards.
Proven funding program success
Our diverse, cross-functional team has market-leading success in a variety of historical and new tax credit, incentive and grant program advisory.
Regulatory compliance excellence
Compliance requirements are nothing new to us. We monitor Office of Management and Budget (OMB), Federal Register, Code of Federal Regulations (CFR), and federal agency policy updates to remain compliant amid shifting requirements and new guidance. With experience in adherence to 2 CFR 200 (Uniform Guidance for Federal Awards), PW&A, cybersecurity (NIST 800-171, Cybersecurity Maturity Model Certification (CMMC), etc.), Federal Acquisition Regulations (FAR), anti-money laundering (AML), ASC 842 Lease Accounting and current expected credit losses (CECL) standards, to name a few, we ensure clients meet all regulatory requirements with ease.
Wide industry specialization
Our team brings a balance of technical skill and specialized industry insight to ensure clients are forward-looking and focused in their sectors, understanding unique market opportunities and challenges.
Innovative compliance tools
We develop and utilize proprietary digital tools and mapping technologies for managing compliance and optimizing funding opportunities.
Comprehensive advisory services
We have qualifications in not only securing funding but also providing advisory services on physical projects, including construction risk advisory and project management office services. We bring it all together, thinking about not only the solutions needed for the next six months, but rather, looking forward to the next six or more years.
Trust our experience
Baker Tilly has extensive experience working with a variety of funding agencies, ensuring compliance and successful project outcomes. Our experience spans across numerous organizations. Review the agencies below.
- National Institutes of Health (NIH)
- National Science Foundation (NSF)
- Department of Energy (DOE)
- Department of Defense (DoD):
- Defense Advanced Research Projects Agency (DARPA)
- Air Force Office of Scientific Research (AFOSR)
- Army Research Office (ARO)
- Office of Naval Research (ONR) - National Aeronautics and Space Administration (NASA)
- Department of Education (ED)
- Department of Agriculture (USDA)
- Environmental Protection Agency (EPA)
- Department of Commerce (DOC)
- National Oceanic and Atmospheric Administration (NOAA)
- National Institute of Standards and Technology (NIST)
Our professionals
Many organizations miss out on significant funding opportunities due to a lack of awareness about eligibility. Partnering early with an advisor like Baker Tilly can help you secure funding for projects that enhance infrastructure, promote sustainability, and drive economic growth.
