Perkins sub-recipients are subject to fiscal and programmatic monitoring.
To meet the requirements of Uniform Guidance (2 CFR 200.331(b), Requirements for Pass-Through Entities, the ICCB has established a risk-based system for the monitoring of grantees. Previously, monitoring of grantees was cyclical. The ICCB will utilize this risk-based assessment to determine the type of monitoring conducted during the 2019 calendar year.
Risk is assessed using a quantitative system for rating and ranking grantees and their ICCB-funded programs. The risk-based system ensures that grantees are monitored uniformly across all ICCB-funded programs, while also ensuring efficiency of time and effort on behalf of both ICCB and college staff. Grantees are assessed using factors and weights derived from multiple sources. Each grantee is allocated points based on the criteria below and is assigned a risk level of elevated, moderate, or low based on the total number of points allocated relative to other grantees. Criteria used in the risk assessment will be evaluated and updated annually.
- Number of material weaknesses or significant deficiencies in the grantee’s most recent audit
- Number of conditions assessed in the most recent Internal Controls Questionnaire (ICQ)
- Timeliness of required submissions (performance, programmatic, financial and final reports)
- Number of findings in previous grant monitoring review
- Amount of grant funding
- Years since last monitoring visit
Monitoring activities are dependent on the grantee’s risk designation and will include either an on-site review (elevated risk), a desk review (moderate risk), or fiscal and programmatic technical assistance (low risk). On-site monitoring will be conducted jointly, with ICCB fiscal and programmatic staff on-site during a defined window of time.
Should you have any questions regarding the fiscal aspect of Perkins monitoring, please contact-
Director for Financial Compliance and Accountability
Associate Director for Financial Compliance and Accountability
For programmatic monitoring specifics, please visit the Programmatic Monitoring page or contact your ICCB Perkins liaison.