Is an awardee receiving PCORI funding subject to federal audit requirements in relation to that particular PCORI award?

No. However, PCORI, with reasonable advance written notice, does reserve the right to conduct site visits of PCORI funded projects. Moreover, PCORI may elect to send its authorized representative, which may at times be an outside third party vendor, to conduct financial audits.

The awardee, at its own discretion, may choose to include a PCORI award in the Uniform Guidance Single Audit or other audit testing. Nevertheless, PCORI awards are not required to be included in the Single Audit testing.