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Grace Supply Inc., a food and beverage importer, failed to comply with the Foreign Supplier Verification Program (FSVP) requirements under 21 CFR Part 1, Subpart L during FDA inspections conducted in February and August-September 2023. The company did not perform adequate risk-based verification activities to ensure that imported foods met applicable U.S. food safety standards, with the exception of banana chips from one supplier. Grace Supply did not provide documentation of corrective actions or respond to the FDA's Form FDA 483a observations issued on September 16, 2023, despite indicating during the inspection that remediation would take six months to one year.