Subaward Reporting. (For purposes of this Exhibit, references to “your organization” shall mean “Agency” and references to “
Subaward Reporting. As required by FFATA, 2 CFR 200.308(c)(1)(vi) and these Terms and Conditions, when OPPE approves a subaward equal to or greater than $30,000 for awards awarded after November 12, 2020, the agency ADO reminds the prime recipient of the requirement to report the subaward through FSRS. Specifically, prime recipients must report each action that obligates $30,000 or more in funds, not including Recovery Funds (as defined in Section 1512(a)(2) of the American Recovery and Investment Act of 2009, Public Law 111-5). XXXX also reminds prime recipients that they must submit this report in FSRS and they have a continuing responsibility to update data on new obligations into subawards. If a prime recipient fails to fully comply with mandatory requirements and award terms, OPPE may impose additional award conditions or take other actions as appropriate under the circumstances. These actions could include (see 2 CFR 200.338 and Section 30. Remedies for Noncompliance): • Withholding cash payments temporarily pending correction of the deficiency; • Disallowing all or part of the cost of the activity or action that is out of compliance; • Suspending (wholly or partly) or terminating the award; and, • Withholding further awards for the project or program and initiating proceedings for suspension and debarment. If applicable, the prime NFE must file a FFATA subaward report by the end of the month following the month in which the NFE awards a subaward of $30,000 or more. For example, if a subaward was made on November 13, 2020, the prime NFE has until December 30, 2020, to report the subaward information. The prime NFE must report the following subaward information in FSRS:
Subaward Reporting. (For purposes of this Exhibit, references to “
Subaward Reporting. Refer to Standard Term and Condition, 26. (C) Subaward Reporting and Executive Compensation (FFATA).
Subaward Reporting
