G-2-P transition - how should subawards be handled?

  1. Need a final invoice to close out the previous administrative segment within 60 days of the end of the FY15 budget period so that the Subaccount Transitional FFR can be prepared.

  2. Once the new Fund has been established for the continuation funding, issue the subrecipient their continuation funding via an amendment, utilizing language and process for awards where carry-over is restricted (even if the transitioned award does not restrict carry-over).

  3. Carry-over

    1. If the prime award allows automatic carry-over, once the carry-over to the new main account has been processed, authorize any carry-over requested by the subrecipient via an amendment.

    2. If the prime award requires prior approval for carry-over, follow existing process for such cases.