Finding Text
Finding No. 2022-3
Statement of Condition
Owners were unable to maintain the physical condition of the property.
Criteria
Owners are obligated to maintain the physical condition of the property as stated in the regulatory agreement.
Questioned Costs
$0
Effect or potential effect
The Company is noncompliant with specific requirements of its major federal program.
Cause
Controls are not in place to ensure that the owners maintain the physical condition of the property.
Recommendation
Management should support the continuing physical maintenance of the property.
Reporting views of responsible officials
Auditee agrees with the auditor and management will be responsible for ensuring that the physical condition of the property is maintained.
Auditor Noncompliance Code: I – Failure to Maintain Property