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ORS/LSC very 7.2022Subrecipient Assessment Form (SAF) Loyola University of Chicago (LUCK use only)TAP#:LUCK PI Name: Project Title: Prime Sponsor:Project Period:SECTION A RECIPIENT ELIGIBILITY Dear
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Gather all necessary information about the subrecipient.
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Organizations or entities that provide funding to subrecipients.
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Government agencies that oversee grants or funding distribution.
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Nonprofit organizations that work with subrecipients to carry out programs or projects.
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The Subrecipient Assessment Form (SAF) is a tool used to evaluate and assess the capacity and risk related to subrecipients in the context of federal awards and funding.
Organizations that receive federal funds and plan to pass those funds to subrecipients are required to file the Subrecipient Assessment Form (SAF) as part of their compliance obligations.
To fill out the Subrecipient Assessment Form (SAF), organizations need to gather necessary information about the subrecipient's financial health, compliance history, and ability to fulfill the contract. This information is then entered into the designated sections of the form, followed by a review and submission process.
The purpose of the Subrecipient Assessment Form (SAF) is to ensure that organizations adequately assess and monitor the risks associated with subrecipients, thus promoting effective use of federal funds and compliance with applicable regulations.
The information reported on the Subrecipient Assessment Form (SAF) typically includes the subrecipient's financial status, prior experience with federal funds, compliance with applicable regulations, and specific project-related competencies.
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