The Sub Review Form is an aspect of subrecipient monitoring. It is used to show that the CU Principal Investigator (PI), who is ultimately responsible for the subcontract, has looked at the statement of work and the budget, and determined that the budget is adequate and reasonable to complete the work described in the statement of work.
It is filled out at the time of award to save the PI's time because oftentimes the budget that we propose and the budget that is awarded are different.