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RECIPIENT MONITORING Office of Grants Management Research Foundation of SUN Stony Brook University May 2008 1SECTION 1 DEFINING SUBAWARDS2DEFINITION A subaward is a portion of an award that is distributed
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How to fill out a subaward is a
How to fill out a subaward is a
01
To fill out a subaward, follow these steps:
02
Start by gathering all the necessary information such as the subrecipient's name, address, and contact details.
03
Identify the prime award under which the subaward is being issued.
04
Determine the purpose and scope of work for the subaward.
05
Define the budget and financial details of the subaward, including the funding amount, funding period, and any cost sharing requirements.
06
Develop a subaward agreement that outlines the terms and conditions of the subaward, including the responsibilities of the subrecipient and the reporting requirements.
07
Review the subaward agreement with all relevant stakeholders, including legal and finance departments.
08
Obtain necessary approvals and signatures from authorized personnel.
09
Provide a copy of the executed subaward agreement to the subrecipient.
10
Monitor and track the progress of the subaward to ensure compliance with the terms and conditions.
11
Maintain proper documentation and records related to the subaward for audit and reporting purposes.
Who needs a subaward is a?
01
A subaward is usually needed by organizations that have received a prime award or grant and wish to collaborate or subcontract a portion of the work to another party.
02
Common examples of entities that may need a subaward include universities, research institutions, non-profit organizations, and government agencies.
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What is a subaward?
A subaward is a financial assistance agreement provided by a prime awardee to a subrecipient for specific purposes under a larger project.
Who is required to file a subaward?
The prime awardee, typically a lead organization in a grant or contract, is required to file a subaward.
How to fill out a subaward?
To fill out a subaward, provide details such as the project title, budget details, terms and conditions, and specific tasks or deliverables expected from the subrecipient.
What is the purpose of a subaward?
The purpose of a subaward is to transfer a portion of the work and funding from the prime recipient to another entity (subrecipient) to achieve specific project goals.
What information must be reported on a subaward?
Information that must be reported on a subaward includes the project details, budget breakdown, roles and responsibilities, and compliance with applicable regulations.
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