PROJECT ANNOUNCEMENT: Audit of the Millennium Challenge Corporation’s Program Closeout Practices

The USAID Office of Inspector General (OIG) is initiating an audit of the Millennium Challenge Corporation’s (MCC) compact and threshold program closeout practices. The purpose of this audit is to evaluate MCC’s oversight and monitoring of closeout practices carried out by Accountable Entities in accordance with agreed upon processes.

The audit objectives are to determine the extent to which MCC (1) conducted oversight of Accountable Entities’ adherence to closeout processes for select compact and threshold programs, and (2) required Accountable Entities to implement closeout processes for suspended or terminated programs.