What are fiscal intermediaries?
Fiscal intermediaries are typically first-level providers, which distribute funding to second-level providers. In order to be defined as a fiscal intermediary, the agency must take an active role in helping the grantee manage providers. Some activities that fiscal intermediaries perform are sending out RFPs to potential providers, reviewing proposals and selecting the providers, distributing funding, supervising provider performance, and managing provider reporting. The one activity that is required of fiscal intermediaries is that they distribute funding. For more information on fiscal intermediaries, please review the related webcast: http://careacttarget.org/webcasts.asp#rsr.
