Finding Text
Low Rent-ALN#14.850 Finding 2025-003-Inventory of Maintenance Equipment and Office Furniture Should Be Updated-Special Tests Criteria and Condition Federal regulations require the authority to update its inventory of equipment and office furniture at least every two years. Context A partial inventory was taken early in 2025. However, new management asserts the inventory methods were substandard (we agree). Effect The estimated effect of non-compliance is likely minimal. The office and Maintenance shop have not been moved or remodeled. The E.D. and Procurement officer are aware of the whereabouts of all authority-owned vehicles and who drives them. Cause Oversight by management. Questioned Cost None Recommendation There are various ways to document an update of the inventory. A common method is to tag with a number all items. Small items such as screw drivers can be disregarded. Then, on Excel or something similar, a description such as “Maint Area” is entered on an assigned page, and the numbered items for that area are listed. The inventory should be checked at least every two years. View of Responsible Official We plan to improve our methods and we will take another inventory.