{"id":4076,"date":"2021-07-12T08:00:15","date_gmt":"2021-07-12T14:00:15","guid":{"rendered":"https:\/\/www.research.colostate.edu\/osp\/?p=4076"},"modified":"2021-07-12T08:00:15","modified_gmt":"2021-07-12T14:00:15","slug":"subaward-administration-at-csu-subrecipient-risk-assessment","status":"publish","type":"post","link":"https:\/\/www.research.colostate.edu\/osp\/2021\/07\/12\/subaward-administration-at-csu-subrecipient-risk-assessment\/","title":{"rendered":"Subaward Administration at CSU \u2013Subrecipient Risk Assessment"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.research.colostate.edu\/osp\/osp\/wp-content\/uploads\/sites\/21\/elementor\/thumbs\/ram-logo-qi7uk401yqlhnsgdpp4972tadnz3jhpr7hu0ljp74s.png\" title=\"ram-logo.png\" alt=\"CSU Ram Logo\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Per federal guidance (<a href=\"https:\/\/www.ecfr.gov\/current\/title-2\/subtitle-A\/chapter-II\/part-200\/subpart-D\/subject-group-ECFR031321e29ac5bbd\">2 CFR \u00a7 200.331<\/a>), OSP evaluates each subrecipient\u2019s risk of non-compliance with federal regulations and subaward terms and conditions. Factors may include:<\/p>\n<ul>\n<li>the subrecipient\u2019s prior experience with the same or similar subawards;<\/li>\n<li>the results of previous audits or if not subject to annual audit, a review of their annual financial statements;<\/li>\n<li>whether the subrecipient has appropriate accounting systems in place to manage sponsored funds; and<\/li>\n<li>the extent and results of federal agency monitoring.<\/li>\n<\/ul>\n<p>The OSP Subaward Team performs an annual review of a subrecipient\u2019s single audit or financial records to evaluate risk, treating all subrecipient risk assessments consistently across funding source (federal and non-federal). For CSU, examples of high-risk subrecipients may include:<\/p>\n<ul>\n<li>Entities outside the U.S. or European Union<\/li>\n<li>Small businesses or start-up companies<\/li>\n<li>Subrecipients with audit findings<\/li>\n<\/ul>\n<p>If the subrecipient is deemed by OSP to be high risk, additional oversight may be required throughout the life of the subaward which may include issuing a fixed-price budget, special invoicing instructions, or corrective action plan for high-risk areas.<\/p>\n<p>If you suspect a subrecipient may be high-risk, work with your<a href=\"https:\/\/www.research.colostate.edu\/osp\/osp\/staff\/\"> OSP RA or OSP Subaward Team<\/a> to ensure appropriate measures are in place, such as issuing a task-based, fixed price agreement or requiring additional subrecipient monitoring.<\/p>\n<p>When in doubt, contact the<a href=\"https:\/\/www.research.colostate.edu\/osp\/osp\/staff\/\"> OSP Subaward Team<\/a> and check out the <a href=\"https:\/\/www.research.colostate.edu\/osp\/osp\/subaward\/\">Outgoing Subaward webpage<\/a>.\u00a0<\/p>\n<p>Blog post by Tricia Callahan, Senior Research Education and Information Officer, and Kris Miller, Subaward Manager, Office of Sponsored Programs<\/p>\n<p>\t\t\t\t\t\t\t\t\t\tFacebook<br \/>\n\t\t\t\t\t\t\t\t\t\tTwitter<br \/>\n\t\t\t\t\t\t\t\t\t\tLinkedIn<br \/>\n\t\t\t\t\t\t\t\t\t\tPinterest<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Per federal guidance (2 CFR \u00a7 200.331), OSP evaluates each subrecipient\u2019s risk of non-compliance with federal regulations and subaward terms and conditions. Factors may include: the subrecipient\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[77],"class_list":["post-4076","post","type-post","status-publish","format-standard","hentry","category-sponsored-programs-administration","tag-subrecipient-risk-assessment"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/posts\/4076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/comments?post=4076"}],"version-history":[{"count":0,"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/posts\/4076\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/media?parent=4076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/categories?post=4076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.research.colostate.edu\/osp\/wp-json\/wp\/v2\/tags?post=4076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}