- Reduced accountability and enforcement over time in regards to cash management, compliance and performance monitoring, and record keeping.
- Unnecessarily exposing older awards to audit and investigation findings, as amending such awards prevents us from disposing of those records as allowed by the Federal records disposition schedule
- Increasing the likelihood that obligated but unexpended funds will expire (generally no longer available for reobligation by FWS) or cancel (no longer available for expenditure by the recipient or reobligation by FWS).
To reduce or eliminate these risks, the FWS Financial Assistance Policy and Oversight (FASO) Division, Policy Branch recommends to our programs that they issue new awards each Federal fiscal year to continue or renew support for a recipient’s core mission, function or initiative. The FASO-Policy Branch expects to issue FWS policy to this effect in the future.