Non-compliance with GSA Schedule contracts dominate OIG’s audit findings. How would your company fare under the spotlight?
In the OIG’s Semiannual Report to the Congress for the period October 1, 2013 – March 31, 2014, 31 audit reports were issued with over $254M in recommendations for funds to be put to better use, and almost $1.6M noted in questioned costs. Some of the more significant and common findings within these audit reports includes: (1) commercial sales practices and cost buildup information was current and complete, but not accurate; (2) non-GSA schedule customers’ discounts were greater than those disclosed; …read more
Read more here: Government Contracting