American Recovery and Reinvestment Act of 2009, Program Transparency and Oversight Services

A Strategy for Successful Implementation and Monitoring of Programs in the Federal Sector

In February 2009, the Congress of the United States passed the American Recovery and Reinvestment Act of 2009 (the Act). The purpose of the Act is to preserve and create jobs, promote economic recovery, stabilize state and local government budgets, and to fund a broad range of economic development activities across the US. The Act provides mandates relative to job creation; the award and administration of grants and contracts; accountability; and provisions for Transparency and Oversight. The Act further mandates the establishment of oversight bodies and their designated authority; and a broad range of regulatory, compliance, and reporting requirements that are designed to prevent fraud, waste, and abuse.

How we Can Assist Agency Program Managers with Management and Oversight

  • Pre-award surveys of contractors and grantees
  • OMB Circular A-133 audits
  • Recipient/contractor financial capacity assessments
  • Development of risk-based monitoring programs
  • Development of automated rules-based engines for program oversight
  • Financial and compliance auditing and monitoring of grants, contracts, programs, activities, and functions
  • Performance auditing - (efficiency and effectiveness analyses)
  • Sub-recipient monitoring
  • Indirect cost rate reviews and incurred cost audits
  • Data mining, modeling, and statistical analysis
  • Improper Payments Information Act audits and recovery audit services
  • Assistance with the implementation of internal controls and other risk mitigation measures
  • Program management support
  • Assistance with reporting to GAO, Congress, upper management, and the Accountability and Transparency Board
  • Audit findings resolution and preparation assistance
  • Training on program monitoring and financial management
  • Procurement systems reviews

Some of our Relevant Experience

  • Audits of numerous large emergency preparedness grants awarded by the Department of Homeland Security to State agencies throughout the US
  • Audits of numerous grants to not-for-profit organizations under the AmeriCorps and other programs for the Corporation for National and Community Services.
  • Provided monitoring support services of HUD's Single Family Property Disposition Operations
  • Performed several Financial Capacity Assessments of transportation capital investment projects under the Federal Transit Administration's Financial Management Oversight Program.
  • Audit of a major university's financial management practices relative to National Science Foundation grants
  • Grant and contract close-outs for the DHHS
  • Procurement systems review for the Federal Election Commission
  • Grants management support to HRSA
  • Financial management support services to the Bureau of Census
  • Served as the Equity Monitor for HUD's Section 601 Accelerated Sales Disposition Program
  • Conducted large-scale Risk-Based Monthly Compliance Reviews of Single Family Management and Marketing Contractors (M&M) under HUD's Single Family Acquired Asset Disposition Program
  • Conducted numerous compliance audits and Agreed-upon Procedures reviews of Debt Restructurings under HUD's Mark-to-Market Program
  • Conducted two large nation-wide Project-based Billing Study of Section 8 Projects, under the Improper Payments Information Act of 2002
  • Procurement systems review for the Securities and Exchange Commission - OIG
  • Various financial management and audit services to the District of Columbia government