Recently, a few cases have made the news regarding entities failing to meet procurement requirements. In some cases, entities have had to pay back millions of dollars because they did not meet these requirements. This serves as reminder of the importance of following the procurement standards when selecting vendors and contractors to work on projects that use federal or state funds.
Some key points to keep in mind during the general procurement process:
When reviewing procurement policies and procedures:
If you have further questions, you can call Melissa Johnson at 651-407-5896 or reach her at firstname.lastname@example.org.
Melissa Johnson is a manager at Redpath and Company, where she specializes in the government/not-for-profit audit and accounting services area. Melissa has over 15 years of experience working with federal awards for governmental, not-for-profit, and commercial organizations. Melissa has four years of experience in governmental single audits and is a holder of the Advanced Single Audit Certificate issued by the AICPA. Additionally, she has also provided single audit training at the MNCPA Audits of Local Governments Conference. Prior to joining the Redpath and Company team, Melissa worked with the Defense Contract Audit Agency providing contract audit services to various governmental agencies. Melissa has served as a committee member for the National Seminar for Government Contracts and has provided training on federal compliance requirements, application of cost accounting standards, and internal control requirements necessary to administer federal contracts.More posts by Melissa Johnson