Report 2006-108 Recommendation 4 Responses

Report 2006-108: California Institute for Regenerative Medicine: It Has a Strategic Plan, but It Needs to Finish Developing Grant-Related Policies and Continue Strengthening Management Controls to Ensure Policy Compliance and Cost Containment (Release Date: February 2007)

Recommendation #4 To: Regenerative Medicine, California Institute for

The institute should complete the development of its grants administration policy targeted toward for-profit organizations.

1-Year Agency Response

The committee adopted a grants administration policy targeted toward for-profit organizations in December 2007. As a result of the adoption of the policy, the institute opened its funding request process to for-profit organizations. (See 2009-406, p. 230)

California State Auditor's Assessment of 1-Year Status: Fully Implemented

All Recommendations in 2006-108

Agency responses received after June 2013 are posted verbatim.