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This form is used by subawardees to report expenditures related to low-income housing projects under the Section 1602 Program to assist state housing agencies in their reporting requirements.
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How to fill out subawardee report of expenditures
How to fill out SUBAWARDEE REPORT OF EXPENDITURES
01
Start by downloading the SUBAWARDEE REPORT OF EXPENDITURES template from the required website.
02
Fill in the header section with your organization's name, address, and contact information.
03
Enter the report period, specifying the start and end dates of the expenditures being reported.
04
List all expenditures in the designated sections, including date, description, amount, and any supporting documentation.
05
If applicable, include information on matching funds or contribution sources.
06
Accurately complete any additional sections that pertain to compliance or special requirements.
07
Review the report for accuracy and completeness before submission.
08
Submit the report according to the specified guidelines, including any required signatures.
Who needs SUBAWARDEE REPORT OF EXPENDITURES?
01
Organizations or entities that receive funding from a primary grantor or sponsor.
02
Non-profit organizations, educational institutions, and research institutions involved in grant-funded projects.
03
Accountants or financial officers responsible for managing and reporting expenditures.
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People Also Ask about
What does it mean to be a subaward?
Definition: Subaward As outlined in the NIH GPS 1.2, a subaward is an award provided by a pass-through entity to a subrecipient for the subrecipient to carry out part of a Federal award received by the pass-through entity.
What is the difference between a subaward and a subcontract?
The document that RAF generates to formalize a third party relationship with another organization to perform substantive work based upon an award made to Rensselaer is a subaward or a subcontract. A subaward is issued under an assistance (grant) prime. A subcontract is issued under a procurement (contract) prime.
What is the difference between a grant and a Subaward?
A subaward is a portion of the grant award passed down from the primary recipient (the grantee) to a secondary recipient (the subrecipient). This transfer of funds comes with specific conditions and responsibilities.
What is the difference between a grant and a Subaward?
A subaward is a portion of the grant award passed down from the primary recipient (the grantee) to a secondary recipient (the subrecipient). This transfer of funds comes with specific conditions and responsibilities.
What is an example of a Subaward?
An example of a subaward would be a territory being awarded federal funds from a Department of Justice mandatory grant to increase housing assistance for victims.
What is an example of a subaward?
An example of a subaward would be a territory being awarded federal funds from a Department of Justice mandatory grant to increase housing assistance for victims. The territory passes through the funds in a competitive process so that local housing agencies with the most innovative and promising ideas are funded.
What is subaward reporting?
The FFATA Subaward Reporting System (FSRS) is the reporting tool Federal prime awardees (i.e. prime contractors and prime grants recipients) use to capture and report subaward and executive compensation data regarding their first-tier subawards to meet the FFATA reporting requirements.
Is FFATA reporting still required?
FFATA requires most recipients of new Federal funds awarded on or after October 1, 2010 report on subawards/subcontracts/consortiums equal to exceeding $30,000. This includes awards that are initially below $30,000 but subsequent grant modifications result in an award equal to or exceeding $30,000.
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What is SUBAWARDEE REPORT OF EXPENDITURES?
The Subawardee Report of Expenditures is a document used to report the expenses incurred by a subrecipient in the course of carrying out their portion of a grant or cooperative agreement.
Who is required to file SUBAWARDEE REPORT OF EXPENDITURES?
Subrecipients or subawardees who receive funding from a prime recipient or grantor are required to file the Subawardee Report of Expenditures.
How to fill out SUBAWARDEE REPORT OF EXPENDITURES?
To fill out the report, subawardees should input their identifying information, outline the expenditures related to the grant, categorize the expenses, and ensure that all relevant documentation is attached for verification.
What is the purpose of SUBAWARDEE REPORT OF EXPENDITURES?
The purpose of the report is to provide accountability and transparency regarding the use of grant funds, ensuring that expenditures align with the approved project budget and comply with regulatory requirements.
What information must be reported on SUBAWARDEE REPORT OF EXPENDITURES?
The report must include information such as the subrecipient's name, project title, total expenditures, itemized list of costs, and any other supporting documentation as required by the funding agency.
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