Audit 15518

FY End
2023-06-30
Total Expended
$38.16M
Findings
78
Programs
45
Year: 2023 Accepted: 2024-02-05

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
11669 2023-001 Significant Deficiency Yes C
11670 2023-001 Significant Deficiency Yes C
11671 2023-001 Significant Deficiency Yes C
11672 2023-001 Significant Deficiency Yes C
11673 2023-001 Significant Deficiency Yes C
11674 2023-001 Significant Deficiency Yes C
11675 2023-001 Significant Deficiency Yes C
11676 2023-001 Significant Deficiency Yes C
11677 2023-001 Significant Deficiency Yes C
11678 2023-001 Significant Deficiency Yes C
11679 2023-001 Significant Deficiency Yes C
11680 2023-001 Significant Deficiency Yes C
11681 2023-001 Significant Deficiency Yes C
11682 2023-001 Significant Deficiency Yes C
11683 2023-001 Significant Deficiency Yes C
11684 2023-001 Significant Deficiency Yes C
11685 2023-001 Significant Deficiency Yes C
11686 2023-001 Significant Deficiency Yes C
11687 2023-001 Significant Deficiency Yes C
11688 2023-001 Significant Deficiency Yes C
11689 2023-001 Significant Deficiency Yes C
11690 2023-001 Significant Deficiency Yes C
11691 2023-001 Significant Deficiency Yes C
11692 2023-001 Significant Deficiency Yes C
11693 2023-001 Significant Deficiency Yes C
11694 2023-001 Significant Deficiency Yes C
11695 2023-001 Significant Deficiency Yes C
11696 2023-001 Significant Deficiency Yes C
11697 2023-001 Significant Deficiency Yes C
11698 2023-001 Significant Deficiency Yes C
11699 2023-001 Significant Deficiency Yes C
11700 2023-001 Significant Deficiency Yes C
11701 2023-001 Significant Deficiency Yes C
11702 2023-001 Significant Deficiency Yes C
11703 2023-001 Significant Deficiency Yes C
11704 2023-001 Significant Deficiency Yes C
11705 2023-001 Significant Deficiency Yes C
11706 2023-001 Significant Deficiency Yes C
11707 2023-001 Significant Deficiency Yes C
588111 2023-001 Significant Deficiency Yes C
588112 2023-001 Significant Deficiency Yes C
588113 2023-001 Significant Deficiency Yes C
588114 2023-001 Significant Deficiency Yes C
588115 2023-001 Significant Deficiency Yes C
588116 2023-001 Significant Deficiency Yes C
588117 2023-001 Significant Deficiency Yes C
588118 2023-001 Significant Deficiency Yes C
588119 2023-001 Significant Deficiency Yes C
588120 2023-001 Significant Deficiency Yes C
588121 2023-001 Significant Deficiency Yes C
588122 2023-001 Significant Deficiency Yes C
588123 2023-001 Significant Deficiency Yes C
588124 2023-001 Significant Deficiency Yes C
588125 2023-001 Significant Deficiency Yes C
588126 2023-001 Significant Deficiency Yes C
588127 2023-001 Significant Deficiency Yes C
588128 2023-001 Significant Deficiency Yes C
588129 2023-001 Significant Deficiency Yes C
588130 2023-001 Significant Deficiency Yes C
588131 2023-001 Significant Deficiency Yes C
588132 2023-001 Significant Deficiency Yes C
588133 2023-001 Significant Deficiency Yes C
588134 2023-001 Significant Deficiency Yes C
588135 2023-001 Significant Deficiency Yes C
588136 2023-001 Significant Deficiency Yes C
588137 2023-001 Significant Deficiency Yes C
588138 2023-001 Significant Deficiency Yes C
588139 2023-001 Significant Deficiency Yes C
588140 2023-001 Significant Deficiency Yes C
588141 2023-001 Significant Deficiency Yes C
588142 2023-001 Significant Deficiency Yes C
588143 2023-001 Significant Deficiency Yes C
588144 2023-001 Significant Deficiency Yes C
588145 2023-001 Significant Deficiency Yes C
588146 2023-001 Significant Deficiency Yes C
588147 2023-001 Significant Deficiency Yes C
588148 2023-001 Significant Deficiency Yes C
588149 2023-001 Significant Deficiency Yes C

Programs

ALN Program Spent Major Findings
12.615 11186 Apex $10.87M Yes 1
12.RD 11205 F0002-F0004- Option 1 $8.86M Yes 1
12.RD 11236 Matrix $4.62M Yes 1
12.RD 11244 Scepter $2.89M Yes 1
12.RD 11245 Stat $2.65M Yes 1
12.RD 11076 Hmt $1.55M Yes 1
12.RD 11221 Astra-Ist $958,337 Yes 1
12.RD P-202370 $779,176 Yes 1
11.307 Economic Adjustment Assistance $513,418 - 0
12.RD 11222 Meta (act 3) $469,070 Yes 1
12.RD 11255 in the Moment $361,121 Yes 1
11.020 Cluster Grants $329,950 - 0
43.008 P-402090 $307,284 Yes 1
12.RD 11196 Darpa M2t $300,947 Yes 1
12.RD 11208 F0005 - To4 $275,358 Yes 1
12.RD 11231 Talons $271,280 Yes 1
11.024 Economic Development Administration $250,192 - 0
43.RD P-140100 $231,408 Yes 1
12.RD 11248 Geocog $225,720 Yes 1
12.800 P-100460 $215,662 Yes 1
43.RD P-520107 $161,539 Yes 1
43.RD P-520049 $115,857 Yes 1
43.RD P-520110 $111,300 Yes 1
12.RD 11207 Ist Meams $110,033 Yes 1
11.112 International Trade Administration $98,528 - 0
43.RD P-520062 $91,651 Yes 1
12.RD 11238 Emss $85,456 Yes 1
43.008 P-402080 $80,803 Yes 1
43.RD P-520156 $74,015 Yes 1
43.RD P-520048 $60,221 Yes 1
12.RD P-202373 $54,864 Yes 1
59.058 Federal and State Technology Partnership Program $53,790 - 0
43.RD P-100500 $41,873 Yes 1
12.910 11122 Leap $39,962 Yes 1
12.RD P-100612 $34,120 Yes 1
12.600 Ohio Defense Manufacturing Support Community $24,751 - 0
43.001 P-370047 $10,005 Yes 1
43.001 P-370046 $5,112 Yes 1
43.001 P-370044 $4,211 Yes 1
12.RD P-100458 $-399 Yes 1
43.012 P-370045 $-863 Yes 1
12.RD P-400331 $-1,080 Yes 1
12.RD P-100981 $-1,735 Yes 1
43.RD P-390100 $-4,257 Yes 1
12.RD 11210 Admire $-18,383 Yes 1

Contacts

Name Title Type
EHEEAGYKUB87 Chris Hocevar Auditee
4409623017 Jenifer Anderson Auditor
No contacts on file

Notes to SEFA

Title: CLASSIFIED INFORMATION Accounting Policies: Basis of Presentation: Parallax Advanced Research Corporation and Affiliate (collectively, the Organization) prepares its consolidated financial information in accordance with accounting principles generally accepted in the United States of America (US GAAP). All intercompany accounts and transactions have been eliminated in consolidation for the Schedule of Expenditures and Federal Awards for the year ended June 30, 2023 unless otherwise stated. The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal grant activities of Parallax Advanced Research Corporation and its affiliate under programs funded by the federal government for the year ended June 30, 2023. The Schedule has been prepared on the accrual basis in accordance with US GAAP and includes all federal awards and contracts entered into directly between the Organization and agencies and departments of the federal government, as well as funds passed through to the Organization by other recipients, and is in accordance with Uniform Guidance U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Because the Schedule presents only a selected portion of the Organization's operations, it is not intended to and does not present its financial position, changes in net assets, or cash flows. Research and Development Cluster (“R&D cluster”): OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied: development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Organization’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.17 and 2 CFR 200.87. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient: Certain funds are passed through to subgrantee organizations by the Organization. Expenditures incurred by the subgrantees and reimbursed by the Organization are presented in the Schedule. The Organization is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds. De Minimis Rate Used: N Rate Explanation: Expenditures consist of direct and indirect costs. Direct costs are those that can be identified specifically with a project. Indirect costs are costs of services and resources that benefit both sponsored and non-sponsored projects but are necessary for the operation of the Organization. Expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization uses indirect cost rates to charge indirect costs to individual projects. The rates are the result of a number of complex cost allocation procedures that the Organization uses to allocate its indirect costs to both sponsored and non-sponsored activities. These indirect rates are reviewed and approved by the applicable cognizant agencies for the funds. Due to the nature of research and development that the Organization performs on behalf of the federal government, various contracts and project information is considered classified, which includes “Top Secret,” “Secret,” or “Confidential.” As a result, the Schedule reflects summarized data by agency in order to properly safeguard various information as required by the federal government.

Finding Details

Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.
Criteria or Specific Requirement: For cost-reimbursement contracts under the Federal Acquisition Regulations (FAR), 52.216-7(b)(1), with relation to supplies and services purchased for use on the contract, “ordinary course of business” would be in accordance with the terms and conditions of a subcontract or invoice, and ordinarily within 30 days of the request to the federal government for reimbursement. Condition: The Organization did not have adequate documentation of extended payment terms in the ordinary course of business, and exceeded the typical 30 days. Cause: The Organization has been extending terms and conditions of payments of vendors beyond 30 days from the date of reimbursement request, as necessary for overall operations and its cash management needs. Effect: Subset of vendors were paid later than 30 days from the date of the request for reimbursement from the government. Questioned costs: None. Context: It was noted that the Organization requested reimbursement from the federal agency for 20 expenditures; however, the subsequent payment to the vendor for those expenditures was not within 30 days of the requested reimbursement. While there may have be terms and conditions agreed to with the vendor, that exceed the 30 days of the request to the federal government for reimbursement, there was no formal documentation of these matters. We did observe that payment was made within 30 days of receipt of the cash from the federal agency, for seven of the 20 expenditures. Recommendation: The Organization should review its procedures and update as necessary. Views of responsible officials: The Organization will consider the observation and the risks associated, to determine action plan to address the finding. See corrective action plan.