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Subaward and Executive Compensation

Subaward and Executive Compensation. Requires prime recipients to report on first-tier subawards of $25K or more. Requires prime recipients to report executive compensation for prime or subawards if:

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Subaward and Executive Compensation

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  1. Subaward and Executive Compensation • Requires prime recipients to report on first-tier subawards of $25K or more. • Requires prime recipients to report executive compensation for prime or subawards if: • The organization received 80% or more of its annual gross revenues in Federal awards and those revenues are greater than $25 million; and • The public does not have access to information about executive compensation through periodic reporting.

  2. When to Report • For Federal awards of $25K or more made on or after October 1, 2010, the prime recipient must report first-tier and executive compensation data. • Not applicable to supplements made on or after October 1, 2010. • Data must be reported in FSRS the following month after the obligation is made. • Example: Awards made during October 2010 will have until November 30, 2010 to report.

  3. Subaward and Executive Compensation • Prime recipients must report FFATA requirements in the (FFATA) Subaward Reporting System (FSRS) https://www.fsrs.gov/.

  4. FSRS Home Page

  5. FSRS Home Page

  6. FSRS Home Page

  7. FSRS Home Page

  8. FSRS Home Page

  9. FSRS Home Page

  10. FSRS Home Page

  11. FSRS Home Page

  12. FSRS Home Page

  13. FSRS Home Page

  14. FSRS Home Page

  15. FSRS Home Page

  16. FSRS Home Page

  17. FSRS Home Page

  18. FSRS Home Page

  19. Closeouts Award recipients have 90 days after the end date of the award to close out the award. • Cash Reconciliation • Request reimbursement of funds to cover expenditures • The Federal expenditures must be equal to or greater than the cash disbursements from the awarding agency • Drawdown of Funds • Request final payment • Funds will be frozen after 90 days

  20. Closeouts • CLOSEOUT REQUIREMENTS: • Final Federal Financial Report (SF-425) • Final Progress Report • Refund Excess Cash

  21. Closeouts • Refund excess cash • Make check payable to DOJ/Office of Justice Programs • Cover letter or voucher containing the grant number for the refund, itemization of funds and the unobligated balance • Printout of the final SF-425 report which supports the amount of the refund • Failure to remit payment to OJP will be referred to the U.S. Department of the Treasury for collection.

  22. OJP Financial Guide • General Information • Pre-award Requirements • Post Award Requirements • Organization Structure Electronic Access for the OJP Financial Guide via Internet http://www.ojp.usdoj.gov/financialguide

  23. OCFO Financial Questions via Telephone/Internet OCFO Customer Service Center Monday through Friday 8:30 a.m. - 6:00 p.m. est. 1-(800) 458-0786 or (202) 305-9988 FAX (202) 353-9279 OCFO e-mail Address: ask.ocfo@usdoj.gov

  24. How to Access Grant $$ Catalogue of Federal Domestic Assistance (CFDA) • Over 2,228 Programs • 15 Types of Assistance • 66 Agencies • Search by Keywordhttp://www.cfda.gov

  25. How to Access Grant $$ For more information Call the Federal Service Desk: 1-866-606-8220 FEDERAL DOMESTIC ASSISTANCE CATALOG STAFF 307 - 7th Street, S.W. Room #101 WASHINGTON, D.C. 20407

  26. Electronic Access to Circulars & Common Rules via Internet OMB Home Page: www.whitehouse.gov/omb/ http://ecfr.gpoaccess.gov Click “Code of Federal Regulations”

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