Res 2010-133 - Laserfiche WebLink

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2. Applicability of Award Provisions to Subrecipients. a. The Recipient shall require all subrecipients, including lower tier subrecipients, under the award to comply with the provisions of this Award, including applicable cost principles, administrative, and audit requirements. b. A Recipient is responsible for subrecipient monitoring, including the following: (i) Award Identification — At the time of the Award, identifying to the subrecipient the federal award information (e.g., Catalog of Federal Domestic Assistance ( " CFDA ") title and number, name of the federal agency, and the Award number) and applicable compliance requirements. (ii) During -the -Award Monitoring — Monitoring the subrecipient's use of federal awards through reporting, site visits, regular contact, or other means to provide reasonable assurance that the subrecipient administers federal awards in compliance with laws, regulations, and the provisions of contracts or grant agreements and that performance goals are achieved. (iii) Subrecipient Audits — Ensuring that a subrecipient expending federal awards of $500,000 or more during the subrecipient's fiscal year has met the audit requirements of OMB Circular A -133 and that the required audits are completed within nine months of the end of the subrecipient's audit period. In addition, the Recipient is required to issue a management decision on audit findings within six months after receipt of the subrecipient's audit report and ensure that the subrecipient takes timely and appropriate corrective action on all audit findings. In cases of a subrecipient's continued inability or unwillingness to have the required audits, the pass - through entity shall take appropriate action using sanctions. Competition and Codes of Conduct for Subawards. a. All subawards will be made in a manner to provide, to the maximum extent practicable, open and fi•ee competition. The Recipient must be alert to organizational conflicts of interest as well as other practices among subrecipients that may restrict or eliminate competition. In order to ensure objective subrecipient performance and eliminate unfair competitive advantage, subrecipients that develop or draft work requirements, statements of work, or requests for proposals shall be excluded from competing for such subawards. b. The Recipient shall maintain written standards of conduct governing the performance of its employees engaged in the Award and administration of subawards. No employee, officer, or agent shall participate in the selection, award, or administration of a subaward supported by federal funds if a real or apparent conflict -of- interest would be involved. Such a conflict would arise when the employee, officer, or agent, any member of his or her immediate family, his or her partner, or an organization in which he /she serves as an officer or which employs or is about to employ any of the parties mentioned in this section, has a financial interest or other interest in the organization selected or to be selected for a subaward. The officers, employees, and agents of the Recipient shall neither solicit nor accept anything of monetary value from subrecipients. However, the Recipient may set standards for situations in which the financial interest is not substantial or the gift is an unsolicited item of nominal value. The standards of conduct shall provide for disciplinary 23