Finding 1228267 (2023-005)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2026-08-28
Audit: 410006
Auditor: RSM

AI Summary

  • Issue: FFATA reports were not submitted on time.
  • Trend: This delay indicates a potential pattern of non-compliance with federal reporting requirements.
  • Follow-up: Implement a tracking system to ensure timely submission of all required reports.

Finding Text

The required Federal Funding Accountability Transparency Act (FFATA) reports were not submitted within the required period as follows:

Corrective Action Plan

Management Response: According to the provisions set forth in 2 CFR Chapter 1, Part 170 Reporting Sub-Award and Executive Compensation Information, as a recipient, COR3 is required to report each obligation that equals to or exceeds $30,000 in Federal funds by the end of the month following the month in which the obligation was made. Filing is processed for each declared disaster. Continuously, COR3 continues its efforts to improve the process for gathering information and submitting FFATA Reports in a timely manner. On August 30, 2023, the DRS Subaward Agreement Tool came into effect, enabling the submission and processing of the FFATA Certification through the PR DRS. In addition, a disaster tracker has been created to keep control of the information to be submitted and minimize errors. As of today, the FFATA report continues to be submitted on a monthly basis. Corrective Action Plan: COR3 implemented policies and procedures to ensure the timely submission of all performance and FFATA reports. Contact Person: Tatiana Lorenzo, Compliance Director Anticipated Completion Date: Completed as of July 30, 2025.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1228264 2023-003
    Material Weakness Repeat
  • 1228265 2023-004
    Material Weakness Repeat
  • 1228266 2023-004
    Material Weakness Repeat
  • 1228268 2023-006
    Material Weakness Repeat
  • 1228269 2023-007
    Material Weakness Repeat
  • 1228270 2023-008
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $2.07B
97.039 HAZARD MITIGATION GRANT $42.15M
93.982 MENTAL HEALTH DISASTER ASSISTANCE AND EMERGENCY MENTAL HEALTH $2.67M
97.088 DISASTER ASSISTANCE PROJECTS $1.25M
97.047 BRIC: BUILDING RESILIENT INFRASTRUCTURE AND COMMUNITIES $48,916