OIG assessed whether the Risk Management Agency provided adequate oversight and ensured that all required high-dollar indemnity reviews were conducted.
Open Recommendations
Recommendation Number | Significant Recommendation | Recommended Questioned Costs | Recommended Funds for Better Use | Additional Details | |
---|---|---|---|---|---|
1 | Yes | $0 | $0 | ||
Follow up with AIPs that did not submit reports for the 148 required $200,000 Indemnity Reviews in CY 2022 and (1) determine whether the $61.9 million in questioned, unsupported indemnity cost were supported and allowable, and (2) recover any costs determined to be unsupported and unallowable. | |||||
2 | Yes | $0 | $0 | ||
Review CYs 2019 through 2023 and follow up with AIPs for unsubmitted reports for the required $200,000 Indemnity Reviews and, if adequate support is not provided, recover the unsupported indemnity amounts. | |||||
3 | Yes | $0 | $0 | ||
Develop and implement a process and procedures to regularly reconcile the required $200,000 Indemnity Reviews with the associated completion reports submitted by AIPs. |