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NC Pro announces changes to SFRF monitoring: low‑risk self‑assessments, longer visits for others, and free technical assistance

2134955 · January 21, 2025
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Summary

NC Pro reported that North Carolina met the U.S. Treasury obligation deadline for all State Fiscal Recovery Fund awards and described planned changes to monitoring and support for recipients as it readies “Cycle 2.”

NC Pro reported that North Carolina met the U.S. Treasury obligation deadline for all State Fiscal Recovery Fund (SFRF) awards and described planned changes to monitoring and support for recipients as it readies “Cycle 2.” The presentation said the state has fully obligated $5,400,000,000 across 215 SFRF projects and now has two years to expend funds.

Why it matters: recipients of SFRF dollars must meet federal requirements for monitoring and closeout. NC Pro’s announced changes are intended to reduce burden on low‑risk entities, provide more time for monitored entities to gather records, and offer training resources for grant managers and subrecipients.

Key changes announced

- Low‑risk recipients: NC Pro said low‑risk entities will not receive the same in‑depth monitoring visits used in Cycle 1. Instead they will receive a self‑assessment survey (the team described it as a self‑assessment of internal controls) to be completed and returned; the office indicated a proposed turnaround of about…

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