Federal Fund Fact Sheets

The NHDOE Bureau of Federal Compliance (BFC) has developed the following Federal Fund Fact Sheets to assist subrecipients of Federal funds with understanding the compliance requirements associated with the various aspects of their grants when developing and implementing policies and procedures.

The technical content in each of the Federal Fund Fact Sheets was primarily derived from 2 CFR 200 (Uniform Guidance) with little to no interpretation provided by the NHDOE. Further, you will find a live link to the source of the specific regulations within each document so that the subrecipient may develop their own interpretation and understanding of the Federal regulation. These Federal Fund Fact Sheets are not a substitute for the advice of your own attorney, accountants, or audit firms and/or law firm licensed to practice law in the state of New Hampshire. In reading and applying Federal law and regulation, we recommend that you seek and obtain the advice of counsel with questions of application, interpretation, and/or to ensure that use of this information is appropriate to your particular situation.

The BFC will add new Federal Fund Fact Sheets to this web page from time to time and will also update the existing Federal Fund Fact Sheets as Federal regulations change. Please feel free to contact the BFC should you have any questions on the Federal Fund Fact Sheets or if you would like the BFC to develop a Federal Fund Fact Sheet on a specific Federal funds management topic.

Fact Sheets

Notice of Agency Policy

The NHDOE conducts federal fiscal grant subrecipient monitoring and compliance reviews, and implements related enforcement actions, in accordance with its established policies and procedures. These policies and procedures incorporate best practices and standards that may be similar to common auditing standards, but the agency does not apply a specific set of external standards, such as the US Government Accountability Office’s Generally Accepted Government Auditing Standards (Yellow Book), nor is it required to do so.