Subaward Administration at CSU –Subrecipient Risk Assessment

Per federal guidance (2 CFR § 200.331b), OSP evaluates each subrecipient’s risk of non-compliance with federal regulations and subaward terms and conditions. Factors may include: the subrecipient’s prior experience with the same or similar subawards; the results of previous audits or if not subject to annual audit, a review of their annual financial statements; whether […]