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Texas A&M University-Corpus Christi Office of Graduate Studies and Research OMB Circular A-133 Audit Certification Letter Subrecipient Monitoring Requirements: Texas A&M University-Corpus Christi
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OMB Circular A-133 Sub-recipient refers to a provision in the Office of Management and Budget (OMB) Circular A-133 that outlines the requirements for organizations receiving federal funds from a pass-through entity. A sub-recipient is a non-federal entity that receives federal funds indirectly through a pass-through entity rather than directly from the federal government.
Sub-recipients of federal funds who receive the funds through a pass-through entity are required to file OMB Circular A-133 Sub-recipient documentation.
To fill out OMB Circular A-133 Sub-recipient documentation, sub-recipients need to provide relevant financial and compliance information, including the reporting period, federal award information, and details of their program activities. The specific requirements may vary depending on the pass-through entity's instructions and the federal program involved. It is recommended to consult the pass-through entity's guidelines and seek professional assistance, if necessary.
The purpose of OMB Circular A-133 Sub-recipient documentation is to ensure accountability and transparency in the use of federal funds by non-federal entities. It helps monitor and assess the compliance of sub-recipients with federal laws, regulations, and requirements related to financial management, program performance, and audit.
The information that must be reported on OMB Circular A-133 Sub-recipient includes the details of the federal award received, program activities undertaken, expenditure information, compliance with applicable laws and regulations, and any audit findings or questioned costs. The specific reporting requirements may vary depending on the pass-through entity and the federal program involved.
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