Answer: The Management Agent failed to get enough price quotes for small purchases over $10,000.
Trend: This issue indicates a recurring lack of compliance with procurement guidelines.
List: Ensure future purchases include quotes from multiple qualified sources to meet Uniform Guidance requirements.
Finding Text
For the procurement of small purchases over $10,000, the Management Agent did not obtain price or rate quotations from an adequate number of qualified sources for the following procurements per the Uniform Guidance:
Corrective Action Plan
The Management Agent will determine that the Project will have proper documentation for small purchases by having price or rate quotations from an adequate number of qualified sources.