We recommend that GEHA implement corrective actions to ensure that the working capital deposit is properly calculated in accordance with the Guidelines and applicable regulations. GEHA should recalculate the working capital deposit on a monthly basis and adjust at least on a quarterly basis (if necessary). If an exception for the working capital calculation is necessary, then GEHA should request prior approval (a waiver) from the contracting officer.
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Closed
Source UUID
26f1aa65-2c55-4dab-8186-d877dd112a47-2
Recommendation Number
2
Significant Recommendation
Yes