What does "FAPIIS" stand for in grant management?

The term "FAPIIS" stands for "Federal Awardee Performance and Integrity Information System." This system is an important resource within grant management, as it serves to enhance the ability of federal agencies to monitor the performance and integrity of federal awardees. Its primary goal is to provide transparency regarding the performance of recipients who receive federal funds, thereby helping to ensure accountability in the usage of taxpayer money.

By utilizing FAPIIS, government agencies can access information on the past performance of organizations that receive federal awards, including any contractual or grant-related issues. This encompasses aspects such as compliance with federal standards and any past issues with integrity. This information is crucial when making funding decisions, as it allows agencies to assess the reliability and reputation of potential awardees in managing federal funds.

Other choices provided may contain relevant terminology or concepts, but they do not accurately define what FAPIIS stands for or its focus within the realm of federal grants management. Understanding FAPIIS is vital for grant professionals, as it directly impacts how funding decisions are made and how accountability is maintained in federal funding processes.