Finding 1096993 (2023-003)

Significant Deficiency
Requirement
I
Questioned Costs
-
Year
2023
Accepted
2025-01-28
Audit: 340111
Organization: Ventures (WA)

AI Summary

  • Core Issue: The Agency did not follow its own procurement procedures, leading to a significant deficiency in internal controls over compliance.
  • Impacted Requirements: Compliance with procurement methods as outlined in 2 CFR section 200.320 and the Agency’s policies was not maintained.
  • Recommended Follow-Up: Update the procurement policy to align with federal guidelines and ensure proper documentation of procurement decisions and justifications.

Finding Text

Federal Agency: U.S. Department of the Treasury Federal Program Name: Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number: 21.027 Federal Award Identification Number and Year: SLFRP0002 – 2021, SLFRP1045 – 2021, SLFRP0194 - 2021 Pass-Through Agency: Washington State Department of Commerce, City of Seattle, Snohomish County Pass-Through Number(s): (DOC) 23-F21400119-017, DC222308, CLFR-042 Award Period: Various Type of Finding: • Significant Deficiency in Internal Control Over Compliance Criteria or specific requirement: For grants and cooperative agreements, the procurement method used must be appropriate based on the dollar amount and conditions specified in 2 CFR section 200.320 or the entities policies, whichever is more restrictive. Condition: Procurement procedures were not followed in accordance with the Agency’s policy. Questioned costs: None Context: Eight vendors that were identified as requiring procurement procedures during testing did not have formal documentation of obtaining bids, the reason for final decision and justification for sole source. Cause: The Agency did not follow its procurement policy. Effect: The Agency is out of compliance with its procurement policy. Repeat finding: No Recommendation: We recommend the Agency's procurement policy is updated to reflect the current federal guidelines and that policies and procedures are implemented to ensure that the history of the procurement, including the rationale for the method of procurement, selection of contract type, basis for contractor selection, and the basis for the contract price is documented as applicable (2 CFR section 200.318(i) and 48 CFR Part 44 and section 52.244-2). Views of responsible officials: There is no disagreement with the audit finding.

Categories

Procurement, Suspension & Debarment

Other Findings in this Audit

  • 520548 2023-002
    Significant Deficiency
  • 520549 2023-002
    Significant Deficiency
  • 520550 2023-002
    Significant Deficiency
  • 520551 2023-003
    Significant Deficiency
  • 520552 2023-003
    Significant Deficiency
  • 520553 2023-003
    Significant Deficiency
  • 520554 2023-004
    Significant Deficiency
  • 1096990 2023-002
    Significant Deficiency
  • 1096991 2023-002
    Significant Deficiency
  • 1096992 2023-002
    Significant Deficiency
  • 1096994 2023-003
    Significant Deficiency
  • 1096995 2023-003
    Significant Deficiency
  • 1096996 2023-004
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.024 Community Development Financial Institutions Rapid Response Program (cdfi Rrp) $213,000
21.025 Small Dollar Loan Program $124,588
21.027 Coronavirus State and Local Fiscal Recovery Funds $121,472
11.034 2023 Mbda Capital Readiness Program $75,967
59.046 Microloan Program $68,159
59.050 Prime Technical Assistance $29,129