Audit of Financial Markets International, Inc.’s Proposed Amounts on Unsettled Flexibly Priced Contracts for Fiscal Years 2017 and 2018

Recommendations

Recommendation
1

We recommend that USAID's Office of Acquisition and Assistance, Cost, Audit and Support Division determine the allowability of $619,608 in direct questioned costs ($89,091 ineligible, $530,517 unsupported) summarized on page 24 of the report, and recover any amount that is unallowable

Questioned Cost
619608
Funds for Better Use
0
Recommendation
2

We recommend that USAID's Office of Acquisition and Assistance, Cost, Audit and Support Division verify that Financial Markets International Inc. corrects the five instances of material noncompliance detailed on page 3 and 4 of the audit report

Questioned Cost
0
Funds for Better Use
0