Finding Text
Finding Number 2023-001 Internal Controls and Compliance over Procurement and Suspension and Debarment, United States Department of Housing and Urban Development, Economic Development Initiative, Community Project Funding Grants, ALN 14.251, January 1, 2023 through December 31, 2023 (Material Weakness).
Statement of Condition:
The Organization did not have a procurement policy in compliance with Uniform Guidance standards.
Questioned Costs:
None.
Criteria:
The Organization must have a procurement policy in compliance with Uniform Guidance standards to ensure compliance with Procurement and Suspension and Debarment compliance requirements.
Cause:
The Organization did not develop and implement a procurement policy in compliance with Uniform Guidance standards.
Effect:
The Organization is not in compliance with Uniform Guidance standards.
Recommendation:
We recommend the Organization create and implement a procurement policy in compliance with Uniform Guidance standards.
Management Response:
Management agrees with the finding. An adequate procurement policy is being developed.