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Audit of USAID/Iraq’s Contracting Process.

Country: Iraq
Fiscal Year: 2011
Agency: USAID

President Obama’s memorandum of March 4, 2009, stated that excessive reliance by executive agencies on sole-source contracts (or contracts with a limited number of sources) and cost-reimbursement contracts creates a risk that taxpayers’ funds will be spent on contracts that are wasteful, inefficient, subject to misuse, or otherwise not well designed to serve the needs of the Federal Government or the interests of the American taxpayer.

The Office of Management and Budget (OMB) issued a memorandum on July 29, 2009, to heads of departments and agencies to implement the March 4, 2009, Presidential initiative. On October 9, 2009, the USAID Administrator issued a general notice regarding the President’s call to improve government contracting.

USAID’s mission in Iraq has 13 active awards with U.S. organizations; 7 of these active awards are contracts and 3 are cost-plus-fixed-fee, level-of-effort contracts. As of March 31, 2010, the mission had awarded $1.1 billion to these organizations under contract and disbursed $619 million.

This audit will determine whether USAID/Iraq is following Federal Acquisition Regulation (FAR)10 procurement procedures to award contracts and close out awards. In addition, the audit will assess USAID/Iraq's implementation of the President’s contracting initiative.

Source: Office of Inspector General - ANNUAL PLAN - FISCAL YEAR 2011

Date added: 2011-06-12 10:41:19    Hits: 285
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