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Search Results: keywords:"federal award recipients"

  • The H.R. 519 bill aims to enhance the federal subaward reporting system by requiring the Inspector General of the General Services Administration to submit a detailed report on the system's issues and propose improvements. The bill mandates a plan for system updates that...

    Simple Explanation

    H.R. 519 is a suggestion for making sure the government's way of sharing info about who they give money to works better, helps keep everything clear and honest, and doesn't make it too complicated for those getting the money.

  • S. 4716, titled the “Financial Management Risk Reduction Act,” aims to improve the single audit requirements under section 7504 of title 31 of the United States Code. The bill requires entities that spend $300,000 or more in federal awards to undergo audits and mandates...

    Simple Explanation

    S. 4716 is a plan to check if people using a lot of government money are doing it right by making them get checks called audits. It tries to be careful with money without adding extra new money to pay for these checks.