Search

… not produce those reports because they had not established a method to differentiate Hurricane Sandy grant performance …

… Assistance Improper Payment Appeal Process This is a report of an audit of the Office of Disaster Assistance's … when an agency’s review is unable to discern whether a payment was proper because of insufficient or lack of … identified by the QC Specialists.   Although alleged in a hotline complaint, we did not identify any misconduct or …

… inconsistently evaluated vendor quotes while performing a best value determination for one contract.  If these … whether using IBC was the best procurement approach.  As a result, SBA spent over $600,000 in service fees to use IBC … are fully exercised.  We also found that SBA funded 8 of the 12 contracts—with a total estimated value of $64.3 …

… with the Office of Management and Budget Circular No. A-136, Financial Reporting Requirements, and the Treasury …

… agents were involved in approximately 15 percent of all 7(a) loans and resulted in increased risk of default. In 2000, … day.  Since December 1, 2010, SBA recorded over 51,000 7(a) loan agent compensation disclosures, representing a variety of services.  However, we found the quality of …

… Pilot (SAPP), which streamlined the home loan process, and a modified Phase II method for processing economic injury … (EIDL).  Both of these processes were intended to address a backlog of loan applications in the wake of Hurricane … for loan officers. If another disaster occurs with a similar magnitude to Hurricane Sandy, the Agency could …

… by elected officials and loan reconsiderations.  As a result, the OIG reviewed these loans to determine if SBA … to overcome deficiencies.  The decisions involved a $736,300 working capital disaster loan and a $671,900 loan increase to separate businesses, totaling …

… with the Office of Management and Budget Circular No. A-136,  Financial Reporting Requirements  and the  Treasury …

… reporting, and compliance and other matters that have a direct and material effect on the financial statements. The … were no material weaknesses in internal control. There is a significant deficiency related to SBA’s information technology security controls, which is a repeat condition. There is one instance of noncompliance …

… the 9.6 percent improper payment rate included only a portion of the errors identified as the SBA did not report … and contracting.  Consequently, they classified a number of payments as having met the test plan criteria.  …

… Improve Quality and Timeliness of HUBZone Certifications A review of whether the HUBZone program certification process … process has been reengineered from self-certification to a full document review and we found that SBA properly … Activity Audit/evaluation Remove download button Off … A review of whether the HUBZone program certification process …

… in the management of the SBIC examination process and as a result, the OIG developed a reporting objective to identify key challenges the Office … that the SBA’s focus on the frequency of examinations as a strategy for reducing risk did not include a compensating …

… Gifts.  The SBA has gift authority under sections 4(g), 8(b)(1)(G), 5(b)(9) and 7(k)(2) of the Small Business Act … of cash accepted by the Administrator shall be held in a separate account and shall be subject to semi-annual audits … ensure no business relationships existed that would cause a conflict of interest in accordance with the Act. During the …

… Performance Update presentations. The OIG also evaluated a limited sample of program performance indicators to … requirements; however, the OIG identified omissions in a few areas. The OIG made one recommendation to help improve …

… complied with applicable laws and regulations, and (3) had a mission aligned with Federal debt collection objectives. …