120 - Sources of Answers to Individual Questions

The Office of Management and Budget’s (OMB) uniform guidance emphasizes the importance of reducing risk in managing federal awards, and places a great deal of responsibility on the award recipient. Recipients and subrecipients are responsible for complying with all requirements of the federal award (§200.300), and they must establish, document and maintain effective internal control over the federal award that provides reasonable assurance that they are managing the award in compliance with the U.S. Constitution, federal statutes, regulations, and the terms and conditions of the award (§200.303). So when questions arise related to a federal award, where can recipients go for… Read More