Understanding Energy Equity

Steve Hagerty Selected for FEMA’s Vanguard Executive Crisis Leaders Fellowship

Bird Flu and Beyond: Preparing Our Nation’s Healthcare System

Preparing for Increasing Climate-Driven Hazards

The Hagerty Advantage – Our People: Jessi Widhalm, Tori Abbott, Meagan Flanagan, and Joely Bertram

Blizzard Conditions Impact The West Coast While Record Breaking Wildfires Affect The Texas Panhandle

Migrant Arrivals: Local and State Response and the Role of Emergency Management

Atmospheric River Brings Extreme Flooding, Winds, and Mudslides to California

The Hagerty Advantage – Our People: Andrew Bohnert, Marina Conner, Harrison Newton

Extreme Winter Weather Continues To Impact Nearly 80 Percent Of The US With More Winter Storms To Come

Extreme Winter Storms Impacting Large Portions the US with More Severe Weather on the Way this Weekend

Charged for the Uncertain: Enhancing the Readiness of Electric Utilities Through Program Assessments

University of Maryland, Baltimore COVID-19 Cost Recovery

Hurricane Michael Recovery

Active Threat Cohort Training

Mid-America Regional Council Complex Coordinated Terrorist Attack Exercise Series

Complex Coordinated Terrorist Attack Full-Scale Exercise

Mass Violence and Terrorism Recovery Planning

Community Disaster Loan Applications & Cancellation

Mississippi Alternative Housing Pilot Program

Training and Exercising for Cybersecurity Threats

Full-Scale Exercise Helps Capital Region Prepare

New Hampshire Recovery Plan and Tabletop Exercise

Compliant Shelter Operations

Assistance with Post-Hurricane Disaster Reimbursement Claim

Emergency Operation Plan Review and Update

Emergency Preparedness Plans for School District

Promote Mission Ready Package Development

Ravinia Festival Emergency Operations Plan

Evaluation of the Disaster Housing Assistance Pilot Program

New York City Housing Authority Program Management Services

Evacuation Best Practice Guidance

Active Shooter Scenario

American Flag overlooking snowy Great Falls Montana

Business Interruption Claim

Continuity of Operations Program (COOP)

Developing and Implementing a Citizen Preparedness Plan

Financial Review and Analysis of a Sheltering System

Meeting Facilitation for Post-Disaster Housing Delivery

Threat and Hazard Identification and Risk Assessment (THIRA)

Environmental Health Emergency Response Project (ERP)

Pennsylvania State University lion statue

HSEEP-Compliant Functional Exercise

Updating a Volunteer Plan

Quarantine and Isolation Workshops

Developing a Threat Response Guide

Lighthouse looking over ocean in New England

Shelter and Mass Care Planning

Post-Katrina Accounting Support

9/11 Public Assistance Support

9/11 Expedited Public Assistance Closeout

Gap Program Support

Joint Housing Solutions Group Program Support

New Madrid Seismic Zone Catastrophic Planning

Hurricane Sandy Recovery

Report: Hagerty Partners with the National Academy of Public Administration to Address Disaster Resiliency Challenges

Hagerty Feature: Popular Mechanics

Hagerty Feature: MSNBC

Hagerty Feature: Bloomberg TV

Hagerty Feature: Bloomberg Radio

Hagerty Mention: POLITICO

Press Release: Hagerty’s Stan Gimont joins Bipartisan Policy Center Task Force to Improve Federal Disaster Assistance

Hagerty Feature: BBC News America

Hagerty Feature: NPR Marketplace

Hagerty Opinion: Worcester Telegram

<p>The emergency response following a disaster may last only a few days or weeks, but the post-disaster recovery is typically a much longer process. Depending on the severity of the event, cost-recovery may last for a decade or more.</p>
<h3>FINANCIAL RECOVERY &amp; RECONCILIATION</h3>
<p>After a disaster, financial recovery and reconciliation are essential, yet nothing is quite what it seems. Records, inventories, supply chains, warehouses, and places of business may be damaged or destroyed. Even if fully intact, claimed cost-supporting documentation will need to align with the summary level data generated by financial systems.</p>
<p>As a condition of receiving a grant, most federal departments and agencies mandate specific minimal standards in financial management that a jurisdiction must have the capability to follow, including preparing reports, tracing funds, and demonstrating internal control and accountability for all cash, personal property, and other assets.</p>
<p>Hagerty professionals know the financial recovery and reconciliation processes very well — we know the regulations, forms, codes, and everything else about how to comply with the process and make it work to your advantage to minimize the disaster impacts on your organization.</p>
<h3>ACCOUNTING &amp; INTERNAL CONTROLS</h3>
<p>To receive federal assistance after a disaster, certain organizational accounting and internal controls need to be in place before any funds are transferred. Some requirements include qualified and adequate numbers of staff, as well as a fiscal accounting system that can track specific projects, prepare for and undergo audit, and be used to evaluate appeals.</p>
<p>As such, after a disaster, records must be maintained to verify the money was used for eligible work and completed in a manner compliant with Federal Emergency Management Agency (FEMA) regulations and project-specific requirements. FEMA requires all submitted costs to be reviewed and will request explanations for any discrepancies between the amount of the existing funds available and the invoices submitted. These are requirements necessary to retain all awarded funding through grant closeout, and noncompliance can put that funding at risk for de-obligation or clawback.</p>
<p>Hagerty knows FEMA’s rules, regulations, and practices. With skill and tact, our professionals will show you how to implement the accounting and internal controls your organization or jurisdiction needs. We did it in New Orleans as part of the Hurricane Katrina recovery. Read about this successful project <a href="https://hagertyconsulting.com/casestudy/post-katrina-accounting-support/"><b>here</b></a>.</p>
<h3>FEDERAL GRANTS AND LOAN MANAGEMENT</h3>
<p>The federal government and related agencies make available billions of dollars each year in the form of grants and loans. They are effectively looking for qualified applicants who can meet their requirements, complete their application process, present a worthy project or program for funding, and abide by their rules if the grant or loan is approved. Federal financial management is the practice of overseeing grants made by the federal government to satisfy the statutory requirements and ensure successful delivery and performance of the grant purpose.</p>


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Disaster Cost-Recovery Management