Finding 620230 (2022-001)

Significant Deficiency Repeat Finding
Requirement
I
Questioned Costs
-
Year
2022
Accepted
2023-03-06
Audit: 50532
Auditor: Kpmg LLP

AI Summary

  • Core Issue: The College did not properly verify that two vendors were not suspended or debarred before making purchases using corporate purchasing cards.
  • Impacted Requirements: Compliance with federal procurement rules requiring verification of vendor status for transactions over $25,000.
  • Recommended Follow-Up: Improve controls to ensure all vendors are verified against the suspension and debarment list before any procurement transactions.

Finding Text

Finding 2022-001: Procurement, Suspension and Debarment Federal Program COVID-19 Education Stabilization Fund (ALN: 84.425) Federal Agency U.S. Department of Education Federal Award Year July 1, 2021 through June 30, 2022Criteria or Requirement Non-federal entities are prohibited from contracting with or making subawards under covered transactions to parties that are suspended or debarred. ?Covered transactions? include contracts for goods and services awarded under a non-procurement transaction (e.g., grant or cooperative agreement) that are expected to equal or exceed $25,000 or meet certain other criteria as specified in 2 CFR section 180.220. When a non-federal entity enters into a covered transaction with an entity at a lower tier, the non-federal entity must verify that the entity, as defined in 2 CFR section 180.995 and agency adopting regulations, is not suspended or debarred or otherwise excluded from participating in the transaction. This verification may be accomplished by (1) checking the System for Award Management (SAM) Exclusions maintained by the General Services Administration (GSA), (2) collecting a certification from the entity, or (3) adding a clause or condition to the covered transaction with that entity (2 CFR section 180.300). Condition Found, Including Perspective In our testing over vendor suspension and debarment, we noted two vendors related to which the College did not maintain documentation over its verification that the vendors with whom the College procured goods and services from were not suspended or debarred. Neither vendors were suspended nor debarred. Possible Cause and Effect Management?s control over its review of vendor suspension and debarment was not operating effectively to ensure compliance with certain procurement requirements for the year ended June 30, 2022 for vendors where the purchases were made via a purchasing card. Questioned Costs None identified. Statistical Validity The sample was not intended to be, and was not, a statistically valid sample. Repeat Finding in the Prior Year Yes. Recommendation We recommend management enhance its process level controls over procurement requirements for HEERF to ensure vendors are not suspended nor debarred. View of Responsible Officials All vendors paid directly by Davidson College were verified against the suspension and debarment website prior to assigning HEERF funds to the invoices. However, the College failed to perform the same verification for vendors paid using the College?s corporate purchasing cards (Pcards). Those vendors were verified after the fact and were not found on the suspension and debarment website.

Categories

Procurement, Suspension & Debarment

Other Findings in this Audit

  • 43788 2022-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $5.89M
84.268 Federal Direct Student Loans $3.37M
84.063 Federal Pell Grant Program $1.58M
84.425 Education Stabilization Fund $1.43M
93.279 Drug Abuse and Addiction Research Programs $392,020
47.075 Social, Behavioral, and Economic Sciences $287,194
84.033 Federal Work-Study Program $241,874
84.007 Federal Supplemental Educational Opportunity Grants $205,501
93.859 Biomedical Research and Research Training $189,000
47.070 Computer and Information Science and Engineering $121,239
43.008 Education $51,945
47.049 Mathematical and Physical Sciences $50,816
81.U01 US Department of Energy $20,194
47.079 Office of International Science and Engineering $18,954
81.U00 US Department of Energy $11,819
10.U02 US Department of Agriculture $7,176
45.160 Promotion of the Humanities_fellowships and Stipends $199
47.074 Biological Sciences $155