A risk assessment is required when awarding federal funds, but having a comprehensive risk assessment strategy in place will increase the success of funded projects and their impact on communities.
State and local governments often conduct risk assessments based on Uniform Grant Guidance, but often don’t have the resources to fully evaluate an applicant's risk level.
This guide offers recommendations, tools, and resources to enhance risk assessment procedures at your organization, and help you more effectively assess the risk level of applicants and awarded funds.
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