Get the free Subrecipient vs Contractor FINAL REVISED 1.8.15.xlsx

Clear FormChecklist to Determine Subrecipient or Contractor ClassificationPrincipal Investigator: ___Proposal Routing Form # or Grant #: ___ Outside Entity: ___ Prime Funder: ___ OBJECTIVE: Generally,

How to fill out subrecipient vs contractor final

How to fill out subrecipient vs contractor final

1. Verify if the entity in question is a subrecipient or a contractor.
2. Understand the difference between a subrecipient and a contractor. A subrecipient is a legal entity that receives federal funds from a pass-through entity and is accountable for the use of the funds. A contractor, on the other hand, provides goods and services to carry out a federal program and is responsible for delivering the goods or services.
3. Identify the characteristics of the entity to determine if it meets the criteria of a subrecipient or a contractor.
4. Collect the necessary information and documentation to complete the subrecipient vs contractor final form. This may include financial statements, invoices, contracts, and other relevant documents.
5. Review the instructions provided with the form and follow them carefully to ensure accurate and complete completion of the form.
6. Fill out the form accurately, providing all the required information. Pay attention to details and double-check for any errors.
7. Once the form is filled out, review it for completeness and accuracy. Make any necessary corrections or additions.
8. Submit the completed form to the appropriate authority or organization responsible for reviewing and approving subrecipient vs contractor classifications.
9. Keep a copy of the completed form for your records.
10. If there are any changes or updates to the subrecipient vs contractor classification, ensure that the appropriate form is updated and resubmitted.

Who needs subrecipient vs contractor final?

1. Organizations or individuals who receive federal funds from a pass-through entity need to determine if they are a subrecipient or a contractor by completing the subrecipient vs contractor final form.

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What is subrecipient vs contractor final?

Subrecipient final is when the entity is a subrecipient under a federal award. Contractor final is when the entity is a contractor under a federal award.

Who is required to file subrecipient vs contractor final?

Both subrecipients and contractors under a federal award are required to file subrecipient vs contractor final.

How to fill out subrecipient vs contractor final?

The subrecipient vs contractor final can be filled out by providing the necessary information and documentation as required by the federal awarding agency.

What is the purpose of subrecipient vs contractor final?

The purpose of subrecipient vs contractor final is to report on the performance and compliance of both subrecipients and contractors under a federal award.

What information must be reported on subrecipient vs contractor final?

The information to be reported on subrecipient vs contractor final includes financial information, program performance, and compliance with applicable laws and regulations.