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Bradley Associates has shared the update below regarding the Coronavirus Relief Funds, which are the source of the BDDS Day Services grants. If these funds push any agencies over $750,000 in federal grant funds, a Single Audit may be required. We will share additional information as it becomes available. Coronavirus Relief Funds (21.019). These funds are being provided directly to states, larger local governments, and tribal entities. Further, many of these direct recipients have already or will be passing down some of the funds to other non-federal entities. Both https://beta.sam.gov/ and Treasury Frequently Asked Questions on this program indicate that single audit rules apply. However, both sources also indicate that only 2 specific sections of the Uniform Guidance apply to recipients (i.e., section 200.303 on internal control and sections 200.330 - .332 on subrecipient monitoring). The GAQC has inquired with OMB about the intent of this limited selection of Uniform Guidance provisions, as well as how a single audit would be performed on such limited requirements. To date, we have not been given a definitive response and it may be that we will not have an answer until Treasury develops a 2020 Supplement section for this program (expected over the summer months). We will communicate updated information when we have it.
Bradley Associates has shared the update below regarding the Coronavirus Relief Funds, which are the source of the BDDS Day Services grants. If these funds push any agencies over $750,000 in federal grant funds, a Single Audit may be required. We will share additional information as it becomes available.
Coronavirus Relief Funds (21.019). These funds are being provided directly to states, larger local governments, and tribal entities. Further, many of these direct recipients have already or will be passing down some of the funds to other non-federal entities. Both https://beta.sam.gov/ and Treasury Frequently Asked Questions on this program indicate that single audit rules apply. However, both sources also indicate that only 2 specific sections of the Uniform Guidance apply to recipients (i.e., section 200.303 on internal control and sections 200.330 - .332 on subrecipient monitoring). The GAQC has inquired with OMB about the intent of this limited selection of Uniform Guidance provisions, as well as how a single audit would be performed on such limited requirements. To date, we have not been given a definitive response and it may be that we will not have an answer until Treasury develops a 2020 Supplement section for this program (expected over the summer months). We will communicate updated information when we have it.