Finding Text
Condition and Effect– The County’s current policy for purchase of equipment >= $50,000 be purchased through “Buy Board” contract to ensure compliance with Federal regulations for procurement and monitoring of vendors for suspension and debarment. However; Federal regulations establish a “micro purchases” threshold of $10,000 for simplified acquisition procedures. There is provision for grantees to establish a higher threshold up to $50,000 on an annual basis and grantee must maintain self-certification documentation to clearly describe justification including a risk assessment. The County was unable to provide such documentation. The performance of the County’s current policy resulted in $320,967 of $426,837 in purchases >= $10,000 not being subjected to procurement or vendor suspension and debarment monitoring.