Finding Text
Finding 2022-001 Federal Funding Accountability and Transparency Act Subaward Reporting Federal Program: Assistance Listing Number #19.040 Condition: ICFJ did not register their subawards (for two subgrantees) in the Federal Funding Accountability and Transparency Act Subaward Reporting System. Criteria: As noted in 2 CFR Part 170, recipients (i.e., direct recipients) of grants or cooperative agreements who make first tier subawards of $30,000 or more are required to register in the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS) and report subaward data through FSRS. Questioned Costs: None noted. Effect or Potential Effect: ICFJ could inadvertently fail to ensure that subrecipients are in compliance with Federal award agency regulations. Context: ICFJ did not register their subawards in excess of $30,000 with the Federal Funding Accountability and Transparency Act Subaward Reporting System. Identification as a Repeat Finding, if applicable: Not applicable. Recommendation: We recommend that ICFJ update its policies and procedures to ensure all first tier subawards in excess of $30,000 are accurately and timely registered with the Federal Funding Accountability and Transparency Act Subaward Reporting System. In addition, ICFJ should ensure any subawards are reported within the required time-frame. The list of data elements that are required to be reporting for each subaward in excess of $30,000 include the following: ? Subaward Date; ? Subawardee DUNS #; ? Amount of Subaward; ? Subaward Obligation/Action Date; ? Date of Report Submission; ? Subaward Number