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Federal Reports
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Department of the Treasury
Management Letter for the Audit of the Department of the Treasury's Fiscal Years 2015 and 2014 Financial Statements
HPM Foundation, Inc. (HPM), operating in San Juan, Puerto Rico, did not comply with all applicable Federal requirements and grant terms related to its Affordable Care Act-funded capital development grant. Specifically, HPM claimed unallowable construction consulting costs totaling $35,000. In addition, HPM did not (1) comply with procurement standards, (2) separately account for grant funds, (3) properly maintain and track equipment purchased with grant funds, and (4) provide the Health Resources and Services Administration (HRSA) reliable data on the number of patients served.