4/24/2025
Deloitte & Touche LLP
50 South Sixth Street
Suite 2800
Minneapolis, MN 55402
We are providing the below corrective action plan in response to Finding 2023-001 identified during the program-specific audit of the Schedule of Expenditures of Federal Awards for the Federal Emergency Management Agency (FEMA) Public Assistance Disaster Grants (ALN 97.036) Program from the United States Department of Homeland Security (the “DHS”), which was passed through Minnesota Homeland Security and Emergency (HSEM), collectively known as the “FEMA program” of Great River Energy (GRE), (the “Company”) for the year ended December 31, 2023, and your program-specific audit of the compliance requirements of the FEMA program.
Finding 2023-001 Noncompliance with Uniform Guidance (UG) – Timing of Compliance Audit
Corrective Action – The need for a compliance audit for fiscal year 2023 was identified and requested as part of Management’s preparation for an audit during fiscal year 2024. As part of the corrective action that has been put in place, the Company will submit future required compliance audit reports to the FAC within the required timeline. All FEMA expenditures to date will have now been reported in the Federal Audit Clearinghouse (FAC) Site.
Corrective Action Anticipated Completion Date – April 30, 2025
Responsible Party – Jesse P. Huber, Director, Financial Reporting, Rates & Analysis