ATLANTIC STATES MARINE FISHERIES COMMISSION

Criteria: According to grant terms & conditions and 2 CFR Section 200.332, all awardees of applicable grants and cooperative agreements are required to report to the Federal Funding Accountability and Transparency Act (FFATA) Subaward Reporting System (FSRS) on all subawards over $30,000. Condition: The Commission did not provide timely FFATA reporting for ALN #11.469 and #11.472 subawards subject to the FFATA reporting requirements. Context: This is a condition identified based on review of grant terms and conditions and 2 CFR Section 200.332. Cause: The Commission was not aware of this reporting requirement. Effect: The Commission is not in compliance with FFATA reporting requirements for fiscal year 2024. Identification of a Repeat Finding: This is not a repeat finding. Recommendation: We suggest that management review all awards for subrecipients and ensure that FFATA reporting is completed in a timely manner for subawards subject to the requirements. Views of Responsible Officials: The Commission agrees with the finding. Planned Corrective Action: The Commission will review all subawards for subrecipients and ensure that FFATA reporting is completed in a timely manner for subawards subject to the requirements. The Commission will add a clause in our Sub-awards stating this requirement. Responsible Official: Laura Leach, Director of Finance and Administration Anticipated Completion Date: December 31, 2024

Name of Contact Person: Laura Leach, Director of Finance and Administration Corrective Action: The Commission will review all subawards for subrecipients and ensure that FFATA reporting is completed in a timely manner for subawards subject to the requirements. The Commission will add a clause in our Subawards stating this requirement. Proposed Completion Date: December 31, 2024

Criteria: According to grant terms & conditions and 2 CFR Section 200.332, all awardees of applicable grants and cooperative agreements are required to report to the Federal Funding Accountability and Transparency Act (FFATA) Subaward Reporting System (FSRS) on all subawards over $30,000. Condition: The Commission did not provide timely FFATA reporting for ALN #11.469 and #11.472 subawards subject to the FFATA reporting requirements. Context: This is a condition identified based on review of grant terms and conditions and 2 CFR Section 200.332. Cause: The Commission was not aware of this reporting requirement. Effect: The Commission is not in compliance with FFATA reporting requirements for fiscal year 2024. Identification of a Repeat Finding: This is not a repeat finding. Recommendation: We suggest that management review all awards for subrecipients and ensure that FFATA reporting is completed in a timely manner for subawards subject to the requirements. Views of Responsible Officials: The Commission agrees with the finding. Planned Corrective Action: The Commission will review all subawards for subrecipients and ensure that FFATA reporting is completed in a timely manner for subawards subject to the requirements. The Commission will add a clause in our Sub-awards stating this requirement. Responsible Official: Laura Leach, Director of Finance and Administration Anticipated Completion Date: December 31, 2024

Funding Agency: Department of Commerce Assistance Listing Number: 11.469, 11.472 Finding: Reporting - The Commission did not provide timely Federal Funding Accountability and Transparency Act (FFATA) reporting for ALN #11.469 and #11.472 subawards subject to the FFATA reporting requirements. Corrective Action Plan: The Commission agrees with the finding. The Commission will review all subawards for subrecipients and ensure that FFATA reporting is completed in a timely manner for subawards subject to the requirements. The Commission will add a clause in our Sub-awards stating this requirement. Responsible Official: Laura Leach, Director of Finance and Administration Anticipated Completion Date: December 31, 2024