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Review of Costs Charged to Iraq Democracy-Building Grants Awarded to the International Republican Institute During FYs 2004-2010
Review of Costs Charged to Iraq Democracy-Building Grants Awarded to the International Republican Institute During FYs 2004-2010
 
Our Price: $20.00
By Harold W. Geisel (pf)
Year: 2012
Pages: 30
Binding Paperback
ISBN 978-1-4578-3783-8

Product Code: 1457837838

Description
 
This audit report addresses costs claimed for 8 grants awarded by the U.S. Dept. of State to the International Republican Institute (IRI) during FYs 2004-2010. The purpose of the 8 grants, totaling $130.7 million, was to provide democracy-building programs throughout Iraq. The report found that the direct costs charged to the grants were reasonable for the purpose of conducting the programs, with appropriate support documentation. However, indirect costs were overcharged by $260,648 as a result of excess security costs. For the majority of the review period, the allocation of security contract costs between the grants was not suported by a method that could be verified. Consequently, 4 of the 8 grants exceeded their respective award budgets by a total of $4,589, 952. Also, security costs remained high through 2009. The report identified areas to strengthen internal controls for procurement and property management. Tables. This is a print on demand report.

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