Assets still in-country without active U.S. control are at risk of looting, terrorism, or being seized by other parties, making it crucial to address their status and management promptly. To understand the status of these assets and help inform the agency’s decisions about next steps, the Office of Inspector General is initiating work examining the disposition of assets for recently terminated USAID awards. We intend to perform concurrent audits from our overseas offices covering U.S. foreign assistance in Africa, Asia, Eastern Europe, Latin America and the Caribbean, and the Middle East.
The audit objective is to determine the status of USAID-funded physical assets procured under selected awards. As part of this effort, we intend to produce a listing of assets that require attention for proper accounting, transfer, and disposition. Assets included in this audit may include real property, vehicles, and equipment as well as warehoused inventory like food and medicine