Finding Text
U.S. Department of Treasury
Finding 2023-001: Written Procurement Policy (significant deficiency)
Statement of Condition: From our testing sample, we noted one instance where the College did not follow its procurement policy.
Criteria: Under Title 2, U.S Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), 2 CFR
Parts 200.317 through 200.327, the non-federal entity must have and use documented procurement procedures for the acquisition of property or services required under a federal award or subaward.
Cause of Condition: The College entered into an agreement with a third-party prior to the College’s policy inception date of August 13, 2022.
Effect of Condition: The College is not in compliance with the Uniform Guidance.
Recommendation: We recommend the College ensures it follows its written procurement policy to
comply with the requirements of the Uniform Guidance.
Management's Response: Management agrees and has ensured all purchases as of the policy inception date are compliant with the College’s written procurement policy.