Audit 369530

Federal Agency: U.S. Department of Treasury Federal Program Name: Coronavirus Capital Projects Fund Assistance Listing Number: 21.029 Pass-Through Agency: Illinois Department of Commerce and Economic Opportunity Pass-Through Number: 21-431004 Award Period: December 1, 2023 to November 30, 2025 Type of Finding: • Material Weakness in Internal Control over Compliance • Other Matter Criteria or specific requirement: When a non-Federal entity enters into a qualifying contract with a vendor, the non-Federal entity must verify that the vendor, as defined in 2 CFR section 180.995, is not suspended or debarred or otherwise excluded from participating in the transaction. Condition: During the award period, CIRBN entered into three qualifying contracts, however CIRBN did not verify if the vendor was suspended or debarred. Questioned costs: None Context: CIRBN was not aware of this requirement, therefore was not in compliance with federal regulations. Cause: Management was not aware of this requirement. Effect: CIRBN is not in compliance with requirements of the federal program. Repeat Finding: No Recommendation: We recommend that for all federal funded grants CIRBN perform the required suspension and debarment verification, including implementing the necessary policies and internal controls over this process. Views of responsible officials: There is no disagreement with the audit finding. We will implement the necessary controls to ensure we perform the required suspension and debarment verification in the future.