FAC Explorer

Audit 351313

FY End
2024-06-30
Total Expended
$31.80M
Findings
0
Programs
5
Organization: New Bedford Port Authority (MA)
Year: 2024 Accepted: 2025-03-31
Auditor: Hague Sahady & CO Cpa's PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.933 National Infrastructure Investments $12.76M - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $8.75M Yes 0
11.307 Economic Adjustment Assistance $7.21M - 0
66.802 Superfund State, Political Subdivision, and Indian Tribe Site-Specific Cooperative Agreements $2.99M Yes 0
20.823 Port Infrastructure Development Program $74,411 - 0

Contacts

Name Title Type
KLSHVFJAWLM8 George Krikorian Auditee
5089613000 Mary Sahady Auditor
No contacts on file

Notes to SEFA

Title: Program Income Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the New Bedford Port Authority and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), Subpart F, Section 510(b). De Minimis Rate Used: N Rate Explanation: The Authority did not elect to use the 10% de minimis indirect cost rate as covered in 2 CFR Part 200 Section 414 "Indirect (F&A) Costs". The Authority generated $0 of program income during fiscal year 2024