Review of EXIM’s Process when Identifying and Selecting EXIM Annual Export Awards Recipients (Report No. OIG-SR-25-01)

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Title Full

Review of EXIM’s Process when Identifying and Selecting EXIM Annual Export
Awards Recipients (Report No. OIG-SR-25-01)

Date Issued

Tuesday, May 6, 2025

Submitting OIG

Export-Import Bank of the United States OIG

Agencies Reviewed/Investigated

Export-Import Bank

Report Number

OIG-SR-25-01

Report Description

Review of the Export-Import Bank of the United
States’ (EXIM’s) process when identifying and selecting EXIM annual export awards recipients. The scope of our review
focused on EXIM’s annual conferences and the associated awards between fiscal years 2021
and 2024.

Report Type

Review

Agency Wide

Yes

Number of Recommendations

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

Open Recommendations

This report has 4 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use
1	No	$0	$0
Recommendation 1: EXIM’s Office of External Engagement, in coordination with the Office of the Chairman, should establish consistent nomination processes for all award categories that delineate roles and responsibilities.
2	No	$0	$0
Recommendation 2: EXIM’s Office of External Engagement, in coordination with the Office of the Chairman, should establish criteria for selecting awardee(s) for each award category, including special award categories.
3	No	$0	$0
Recommendation 3: EXIM’s Office of External Engagement, in coordination with the Chief Risk Officer, should complete a risk profile, or assessment, to identify all potential risks to the awards program.
4	No	$0	$0
Recommendation 4: EXIM’s Office of External Engagement should identify and implement due diligence activities, as needed, to mitigate the potential risks based upon its risk profile, such as determining when character, reputational, and transaction integrity (CRTI) reviews or other ethical, legal, law enforcement, Office of Inspector General, or non-public source reviews are needed.