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Subrecipient vs. Contractor Determination Under the Uniform Guidance the term vendor was replaced with contractor. When the university provides funds from a federal award to a confederal entity, the

How to fill out subrecipient vs contractor agreement

How to fill out subrecipient vs contractor agreement

1. Clearly define the scope of work and responsibilities for both parties
2. Include detailed terms and conditions for payment, performance, and termination
3. Specify reporting requirements and communication expectations
4. Make sure to include clauses regarding intellectual property rights and confidentiality
5. Have both parties review and sign the agreement before starting any work

Who needs subrecipient vs contractor agreement?

1. Organizations that are looking to delegate a portion of a federal award to another organization would need a subrecipient vs contractor agreement.
2. Contractors who are hired to provide goods or services for a federal award but are not considered a subrecipient would also need this agreement.

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What is subrecipient vs contractor agreement?

A subrecipient agreement is a type of contract where one party (the subrecipient) receives funds from a primary recipient to carry out specific programmatic activities, following the primary recipient's guidelines. In contrast, a contractor agreement involves a service provider (contractor) providing goods or services for a fee, with less regulatory oversight and control from the primary entity.

Who is required to file subrecipient vs contractor agreement?

Entities that receive federal or state funding, including non-profits, educational institutions, and local governments, are typically required to file subrecipient vs contractor agreements to ensure proper use of funds and adhere to compliance regulations.

How to fill out subrecipient vs contractor agreement?

Filling out a subrecipient vs contractor agreement generally requires detailing the scope of work, budget, payment terms, reporting requirements, and compliance obligations. It is essential to include clear definitions of deliverables and timelines, as well as the roles and responsibilities of each party.

What is the purpose of subrecipient vs contractor agreement?

The purpose of these agreements is to establish clear roles and responsibilities between the parties, ensure compliance with funding regulations, and delineate how funds will be used in alignment with the goals of the funded project or program.

What information must be reported on subrecipient vs contractor agreement?

The agreement should report the names of the parties involved, the purpose of funding, budget and expenditure details, deliverables and milestones, compliance requirements, and any relevant performance metrics.