PY2021-2022 Subrecipient workshop | Page 33

MONITORING LEVELS

• Level 1 – Low Risk

• All recipients begin at Level 1

• Desk monitored by Grants Management staff

• Level 2 – Medium Risk

• On-site monitoring by Compliance staff

• Level 3 – High Risk

• On-site monitoring

• Unaudited financial statements

• External auditing

NOTE : Levels are subject to change during the Year