7. Administrative Agreements and Independent Monitors

On this episode of Fed Talks, we discuss how contractors or recipients of assistance awards (grantees) can assess their organizational risks and improve internal controls when faced with the imposition of an Administrative Agreement. Baker Tilly subject matter experts Patrick Fitzgerald and Delaney Gordon dig into this topic, and further discuss how organizations can get out in front of the government’s concerns to address issues early and efficiently. Questions addressed include: What is an administrative agreement and when does the government impose this type of independent oversight? How does a contractor or grantee know when an Administrative Agreement is being contemplated and what can the contractor do to lessen the impact of the Agreement on its operations? What are the best mitigation strategies that contractors and grantees can implement to avoid administrative agreements altogether?