Finding 1156985 (2024-003)

Material Weakness Repeat Finding
Requirement
AB
Questioned Costs
-
Year
2024
Accepted
2025-09-30
Audit: 369298
Organization: Springboard Collaborative (PA)

AI Summary

  • Core Issue: The organization lacks a documented procurement policy, which is essential for compliance with federal regulations.
  • Impacted Requirements: This deficiency violates the Uniform Guidance (2 CFR Part 200), increasing risks of noncompliance and financial mismanagement.
  • Recommended Follow-Up: Develop and implement a comprehensive procurement policy that includes clear procedures, training for staff, and regular reviews to ensure compliance.

Finding Text

2024-003 Federal Agency: U.S. Department of Treasury Federal Program Name: Coronavirus State and Local Fiscal Recovery Funds Assistance Listing Number: 21.027 Pass-Through Agency: District of Columbia Office of the State Superintendent of Education Award Period: May 25, 2022 - September 30, 2024 Type of Finding: • Significant Deficiency in Internal Control over Compliance • Other Matters Criteria or specific requirement: According to the Uniform Guidance (2 CFR Part 200), non-federal entities are required to establish and maintain effective internal controls over the procurement process. This includes having a documented procurement policy that ensures compliance with federal regulations, promotes fair competition, and prevents conflicts of interest. Condition: During our review, we noted that the organization does not have a documented procurement policy in place. This absence of a formal policy means that procurement activities are not guided by standardized procedures or controls. Questioned costs: None Context: The organization receives federal funding and is therefore subject to the requirements of the Uniform Guidance. A procurement policy is essential to ensure that all procurement activities are conducted in a manner that is consistent with federal regulations and best practices. Cause: The lack of a procurement policy appears to be due to oversight and a lack of awareness of the requirements under the Uniform Guidance. There may also be resource constraints that have prevented the development and implementation of such a policy. SPRINGBOARD COLLABORATIVE SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED DECEMBER 31, 2024 (30) Effect: The absence of a procurement policy increases the risk of noncompliance with federal regulations, potential financial mismanagement, and conflicts of interest. It also undermines the integrity and transparency of the procurement process, which could lead to unfavorable audit findings and potential loss of funding. Repeat Finding: N/A: Not a repeat finding. Recommendation: We recommend that the organization develop and implement a comprehensive procurement policy that aligns with the Uniform Guidance. This policy should include clear procedures for procurement planning, solicitation, evaluation, and contract management; provisions to ensure fair competition and prevent conflicts of interest; training for staff on the procurement policy and federal requirements; and regular reviews and updates to the policy to ensure ongoing compliance. Views of responsible officials: Please refer to Springboard Collaborative’s Corrective Action Plan.

Corrective Action Plan

2024-003 The organization receives federal funding and is therefore subject to the requirements of the Uniform Guidance. A procurement policy is essential to ensure that all procurement activities are conducted in a manner that is consistent with federal regulations and best practices. Recommendation: We recommend that the organization develop and implement a comprehensive procurement policy that aligns with the Uniform Guidance. This policy should include clear procedures for procurement planning, solicitation, evaluation, and contract management; provisions to ensure fair competition and prevent conflicts of interest; training for staff on the procurement policy and federal requirements; and regular reviews and updates to the policy to ensure ongoing compliance. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action taken in response to finding: Policy Development - COMPLETED: The Organization has developed and approved a comprehensive procurement policy that fully aligns with the Uniform Guidance requirements. Planned completion date for corrective action plan:9/10/2025 The planned corrective action will be completed by 9/10/2025. Name(s) of the contact person(s) responsible for corrective action: Amy Chen, VP, Finance If the oversight agency has questions regarding this plan, please call Amy Chen, VP, Finance at 646-727-5030.

Categories

Internal Control / Segregation of Duties Procurement, Suspension & Debarment Significant Deficiency Matching / Level of Effort / Earmarking Special Tests & Provisions

Other Findings in this Audit

  • 1156983 2024-001
    Material Weakness Repeat
  • 1156984 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $667,606
84.370 Dc Opportunity Scholarship Program $113,691