This Just In

By Steve

Federal Grants Office Announces $20 Million Grant to Federal Grants Office to Administer Federal Grants

(Washington, D.C.) The U.S. Treasury Department announced today the awarding of the largest grant in the history of its Federal Grant Office, a $20 million grant to the U.S. Office of Federal Grants for the purpose of administering federal grants.

"This is an exciting day for the Federal Grant Office," said Director Daniel R. Bullrush, Sr. yesterday morning at a press conference announcing the awarding of the grant. “The Federal Grant Office is committed to the well-being of all our client agencies. We are confident that through the awarding of this grant, the Federal Grant Office will be able to efficiently guard against any bureaucratic inefficiencies that sometimes result when third-party organizations receive funds."

At a press conference later in the day to announce receipt of the grant, Bullrush was more specific. "This is an exciting day for the Federal Grant Office,” Bullrush said. “The Federal Grant Office is committed to the well-being of all our client agencies. We are confident that through the awarding of this grant, the Federal Grant Office will be able to efficiently guard against any bureaucratic inefficiencies that sometimes result when third-party organizations receive funds."

The multi-year grant will come up for renewal in two years. The funds are earmarked to provide administrative and technological support for grant office operations.

"People don't realize the costs involved in grant administration," said Federal Grant Office Deputy Director, Daniel R. Bullrush, Jr. "You've got capital inventory to stock, items such as computers, pencils and large mailing envelopes. And think of the forms. Forms, like money, don't just grow on trees, you know. Well, actually they do, but not without a lot of steps in between, and those aren't cheap."

The Federal Grants Office also announced that construction will begin this spring on the new U.S. Treasury Department of Grants Administrative Center and Application Office in nearby Reston, Virginia. The building is being funded by a special $30-million grant from the U.S. Department of Administrative Facilities and Support Centers.