Audit of Financial Markets International, Inc.’s Proposed Amounts on Unsettled Flexibly Priced Contracts for Fiscal Year 2019

Recommendations

Recommendation
1

We recommend that USAID's Office of Acquisition and Assistance, Cost, Audit and Support Division. determine the allowability of $217,827 in direct questioned costs ($39,453 ineligible, and $178,374 unsupported) summarized on page 21 of the report, and recover any amount that is unallowable.

Questioned Cost
217827
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 4 of the audit report.

Questioned Cost
0
Funds for Better Use
0