38 C.F.R. § 80.6
(c) Priority preference. Priority preference will be given to organizations that either provide multiple forms of services or are located in a State with:
(d) Risk assessment evaluation. VA will conduct a formal assessment, prior to award, of the applicant's financial capability, adequacy of accounting system, and internal controls to assess the risk posed by each applicant.
(Authority: Pub. L. 116-315, sec. 4304; 2 CFR 200.203)