If you're looking for quick and simple guidance to help you understand your responsibilities throughout the subaward monitoring process, Techniques for Monitoring Federal Subawards, 7th Edition, is the no-nonsense compliance guide for you.
With contributions from the Bruman Group, PLLC, Techniques for Monitoring Federal Subawards is the most comprehensive reference book for pass-through entities, subrecipients and contractors alike. It even includes useful templates such as risk assessment considerations, audit checklists, budget templates, monitoring visit form letters, sample subaward and contract agreements and more.
The 7th Edition incorporates OMB’s recent revisions to the uniform guidance, which became effective October 1, 2024, for new awards and modifications to existing awards. Along with altering citation numbers within the guidance, key updates to the latest edition include:
- Discussions about the new requirement at §200.332(a), stating that a pass-through entity must verify that a subrecipient is not excluded or disqualified in SAM.gov;
- Information about how the Build America, Buy America (BABA) Act applies to awards for recipients and subrecipients; and
- Details about how the recently created Council on Federal Financial Assistance (COFFA) will oversee federal awards.
Let Techniques for Monitoring Federal Awards, 7th Edition guide you through those changes.
A complimentary copy of the digital publication is available at no cost to Thompson Grants Compliance Expert subscribers via the Compliance Knowledge Center. Learn more.
In addition to clearly laying out how to remain in compliance with the Uniform Guidance, this guide will also:
- Clear up confusion by clearly describing the roles and responsibilities of both the pass-through entity and the subrecipient as well as the differences between a subrecipient and a contractor.
- Guide subaward creation by outlining the key components, including the data elements required for a subaward agreement, regulatory and program requirements, the scope of work and budget, and administrative requirements, cost principles and audit requirements, all aligned with the provisions of the uniform guidance.
- Present a variety of monitoring options, including: strategies pass-through entities should consider before selecting a monitoring activity; the various tools available, including single audits or program-specific audits where applicable, agreed-upon procedures engagements, onsite visits and desk reviews; and tips about choosing the most effective strategies.
- Keep pass-throughs one step ahead of auditors by reviewing the aspects of monitoring procedures that auditors will test, identifying the types of findings auditors might report and offering descriptions of best practices to avoid findings.
- Provide templates that pass-throughs need to properly monitor subrecipients that can serve as a toolkit for pre-award, post-award and audit requirements as well as revised boilerplate subaward and contract agreements, including new fixed-amount awards.
Learn About:
- Roles and Responsibilities of Key Participants
- The Subaward Agreement, Contract Agreement and Fixed Amount Subaward Agreement
- Differences Between Subawards and Contracts
- Risk Assessments — Specific Conditions and Remedies
- Effective Monitoring Procedures
- Communication Between Pass-Through Entities and Subrecipients
- Monitoring Activities and Auditor Follow-up
- How to Write Subaward Agreements
- Troubleshooting Subrecipient Monitoring
- Federal Cash Management — What You Should Know
- Issues of Accountability and Transparency: What's On the Horizon – The DATA Act
- And more!
About the Book:
Techniques for Monitoring Federal Subawards is a softbound desktop guide. It is also available online as part of Thompson Grants Compliance Expert – an all-in-one solution that will cover your organization’s compliance needs throughout the entire grants lifecycle, from finding grants, to pre-award, post-award and closeout. Click here to learn more.
Special bulk rates are available at 5 or more copies. To take advantage of this offer, contact client services by phone at 1.800.677.3789 or by email at service@thompson.com.
Contributions submitted by Washington, D.C.-based law firm, The Bruamn Group, PLLC