Ohio Award Agreement
Description
How to fill out Award Agreement?
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FAQ
Source: OSP Website A subaward is an enforceable agreement, issued under a prime sponsored project, between a pass-through entity and a subrecipient for the performance of a substantive portion of the program; these terms do NOT apply to the procurement of goods or services from a contractor (vendor).
Monitoring Performance During the Life of the Subaward Principal Investigators have the primary responsibility for monitoring subrecipients to ensure the responsible stewardship of funds and performance of the work, including: Authorizing the Subaward, including funding level, period of performance and scope of work.
Cooperative Agreement Definition A cooperative agreement reflects a relationship between the U.S. Government and a recipient and is used when the government's purpose is to assist the intermediary in providing goods or services to the authorized recipient.
A subaward may be provided through any form of legal agreement, including an agreement that the pass-through entity considers a contract.? An example of a subaward would be a territory being awarded federal funds from a Department of Justice mandatory grant to increase housing assistance for victims.
SUBRECIPIENT MONITORING PURPOSE Grantees are required to monitor ESF subrecipients to ensure they: ? Use Federal funds for authorized purposes; ? Comply with Federal statutes, regulations, and the terms and conditions of awards; and, ? Achieve performance goals.
As outlined in the NIH GPS 1.2, a subaward is an award provided by a pass-through entity to a subrecipient for the subrecipient to carry out part of a Federal award received by the pass-through entity. It does not include payments to a contractor or payments to an individual that is a beneficiary of a Federal program.
