Finding Text
Criteria: Section D.20 of the grant contract between the State of Tennessee and Volunteer Energy Cooperative requires the grantee to comply with 2 C.F.R. Sections 200.317 - 200.326 when procuring property and services. These regulations require, in part, that grantees must have documented procurement procedures consistent with 2 C.F.R. Sections 200.317 - 200.327. Cause, Condition and Effect: While the Cooperative does have written procurement procedures, they do not include all of the required procurement procedures as defined within 2 C.F.R. Sections 200.317-200.327. Specifically, procedures addressing the publication of bidding notices and sealed bidding are not included. Recommendation: Documented procurement procedures for federal awards should be updated to be consistent with the requirements of 2 C.F.R. Sections 200.317-200.327.