Assess subrecipient risk and plan grant monitoring

Help me assess subrecipient risk and plan monitoring for a grant my agency passes through. Award and rules: [funding agency, program, award number; e.g. "federal award under 2 CFR 200", "state grant terms"] Subrecipient: [organization type, size, years working with us] Subaward amount and period: [DETAILS] What they will do: [ACTIVITIES and deliverables] What we know: [prior audit results, single audit status, staff turnover, new systems, past late reports, prior findings] Our monitoring capacity: [staff time, site visit budget] Produce: 1. Risk assessment across factors such as prior experience with similar awards, audit results, financial management and internal controls, staff and system changes, and award complexity. Rate each low/medium/high with the evidence, then give an overall rating. 2. Monitoring plan scaled to risk: desk reviews, invoice and documentation sampling, site visits, training, frequency of each, and who does it. 3. Specific conditions to consider for higher-risk subrecipients (e.g. reimbursement-only payment, more frequent reporting, prior approval for certain costs). 4. Required subaward elements checklist to confirm are in the agreement; mark each [CONFIRM] against the actual award terms. 5. Escalation steps if problems appear, from technical assistance through corrective action and suspension. 6. Documentation: what to keep on file to show monitoring happened. Rules: base ratings only on facts I give; do not quote regulation sections unless I paste them. This is general information; confirm requirements with your grants manager or the awarding agency.