Finding 1168519 (2024-002)

Material Weakness Repeat Finding
Requirement
M
Questioned Costs
-
Year
2024
Accepted
2026-01-08

AI Summary

  • Core Issue: Subrecipient agreements are not compliant with 2 CFR 200.332, lacking essential elements and proper financial reporting.
  • Impacted Requirements: Key requirements include identifying award information, evaluating subrecipient risk, and timely verification of audit needs.
  • Recommended Follow-Up: Update templates, require detailed financial reports, verify audit requirements promptly, and improve risk assessment documentation and monitoring policies.

Finding Text

Finding: 2024-002 Subrecipient Monitoring (Significant Deficiency) Information on the Federal Programs: ALN #10.937 Partnerships for Climate-Smart Commodities Criteria or Specific Requirement (including Statutory, Regulatory, or Other Citation): Per 2 CFR 200.332 Requirements for pass-through entities:  Pass-through entities must clearly identify to subrecipients the award information, including the Assistance Listing number, subrecipient’s UEI, Federal award identification number, and Federal award project title (§200.332(a)(1)).  Pass-through entities must evaluate each subrecipient’s risk of noncompliance to determine the appropriate subrecipient monitoring (§200.332(b)).  Pass-through entities must monitor the activities of subrecipients as necessary to ensure compliance with Federal statutes, regulations, and the terms and conditions of the subaward (§200.332(d)).  Pass-through entities must verify that every subrecipient required to have an audit under 2 CFR 200 Subpart F has one completed, and issue management decisions on findings (§200.332(g)). Condition: During our testing of subrecipient monitoring, we noted several deficiencies: 1. Subaward agreements were structured more like subcontracts rather than subrecipient agreements and did not include all elements required under 2 CFR 200.332(a), such as the subrecipient’s UEI and Assistance Listing number. 2. Subrecipients were required to submit periodic invoices for reimbursement instead of financial reports detailing costs incurred by budget line item, cumulative expenditures, cash receipts, and cash balances. 3. CIF did not verify the subrecipient’s audit requirements in a timely manner as required under 2 CFR 200.332(g). 4. Pre-award risk assessments were completed; however, the assessments were undated, preventing the audit team from verifying that they occurred prior to subaward execution. Additionally, the monitoring procedures described in policy were not clearly linked to assessed risk levels, and in certain instances, subrecipients with no prior Federal grant management experience were assigned a “low risk” classification. Cause: These conditions occurred due to a lack of formalized procedures to align subrecipient agreements, reporting requirements, and monitoring activities with the specific requirements of 2 CFR 200.332. Management relied on existing subcontract templates and internal policies that were not fully updated to reflect Uniform Guidance requirements. Effect or Potential Effect: Failure to properly structure subaward agreements, obtain adequate financial reporting, and timely verify audit requirements, increases the risk that subrecipients may not comply with Federal statutes and regulations. Questioned Costs: N/A Context: We tested a statistically valid sample of subawards charged to Federal awards. The deficiencies noted were consistent across the sample population, indicating a systemic issue rather than isolated exceptions. Identification as a Repeat Finding, if Applicable: N/ARecommendation: We recommend that management:  Update subaward agreement templates to include all elements required under 2 CFR 200.332(a).  Require subrecipients to submit periodic financial reports by budget line item, cumulative expenditures, cash receipts, and cash balances, rather than invoices alone.  Establish procedures to ensure subrecipient audit requirements are verified and documented in a timely manner in accordance with 2 CFR 200.332(g). CIF should document the impact of any subrecipient audit findings on the program and the planned corrective action.  Revise pre-award risk assessment procedures to include dating and ensure that results are documented prior to subaward execution.  Strengthen policies to ensure monitoring procedures are explicitly linked to risk assessment results, with higher levels of oversight required for subrecipients new to Federal grant management.

Corrective Action Plan

Views of Responsible Officials: CIF grew substantially in FY 24 following execution of the Federal award. This finding reflects the learning phase as CIF came into compliance with the Uniform Guidance. This FY 24 Program Audit immediately preceded the FY 25 Single Audit in fall 2025. Given this timing, the earliest possible implementation of corrective action is in FY 26. Beginning in FY 26, CIF implemented multiple corrective actions to address this finding: 1. CIF created a new template for Subaward Agreements that includes all elements required under 2 CFR 200.332(b). This template will be used for any future Subaward Agreements into which CIF enters. 2. CIF created an Amendment template for each active federal award Subaward/Subrecipient Agreement that includes all elements required under 2 CFR 200.332(b), a requirement to submit period financial reports to CIF, and a section on compliance with audit requirements according to 2 CFR 200.332(g) / 2 CFR 200.501. 3. For each Subrecipient of CIF’s grant NR233A750004G045 under ALN #10.937, formerly known as the Partnerships for Climate Smart Commodities grant but now known as the Advancing Markets for Producers (AMP) program, CIF will use that template to execute an Amendment to the Subaward/Subrecipient Agreement following the execution of the Amendment to the Grant Agreement between CIF and the United States Department of Agriculture (USDA). 4. CIF implemented a schedule for reviewing current subrecipients’ FY 25 Audit Reports after they are published in the Federal Audit Clearinghouse in mid-2026, document the impact of any audit findings on the federally funded program, and implement a corrective action plan. 5. CIF made revisions in the FY 26 update to the CIF Subaward Management & Subrecipient Monitoring Policy and Procedures which will apply to any new subawards. The pre-award risk assessment procedures now include dating and ensure that results are documented prior to subaward execution. The monitoring procedures are now explicitly linked to risk assessment results, with greater oversight required for subrecipients without experience managing federal funds.

Categories

Subrecipient Monitoring

Other Findings in this Audit

  • 1168518 2024-001
    Material Weakness Repeat
  • 1168520 2024-003
    Material Weakness Repeat
  • 1168521 2024-004
    Material Weakness Repeat
  • 1168522 2024-005
    Material Weakness Repeat
  • 1168523 2024-006
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.937 PARTNERSHIPS FOR CLIMATE-SMART COMMODITIES $2.79M