Submitting OIG:
Report Description:
This report contains the results of our audit of the effectiveness of the National Institute of Standards and Technology’s (NIST’s) unliquidated obligation (ULO) review policies and procedures developed in response to an OIG audit report issued in June 2013 (OIG-13-026-A). In that report, we concluded that Department-wide controls over the management of ULOs needed strengthening. Further, effective management of outstanding obligation balances allows agencies to review and deobligate unneeded funds, promoting a better use of federal resources.
Short / Alternative Report Title:
NIST Unliquidated Obligations
Date Issued:
Thursday, March 24, 2016
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
OIG-16-024-A
Component, if applicable:
National Institute of Standards and Technology
Location(s):
Agency-Wide
Type of Report:
Audit
Questioned Costs:
$0
Funds for Better Use:
$1,519,328
Number of Recommendations:
2
View Document:
Attachment | Size |
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2016-03-24_OIG-16-024-A.pdf | 247.04 KB |