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Minority Business Development Agency Discretionary Funding Decision Process : Minority Business Development Center Program Cfda No. 11.800

By Department of Commerce

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Book Id: WPLBN0000698868
Format Type: PDF eBook
File Size: 257.06 KB.
Reproduction Date: 2000

Title: Minority Business Development Agency Discretionary Funding Decision Process : Minority Business Development Center Program Cfda No. 11.800  
Author: Department of Commerce
Volume:
Language: English
Subject: Government publications, Department of Commerce and Labor Document, Commerce.
Collections: Department of Commerce Collection
Historic
Publication Date:
Publisher: Government Printing Office

Citation

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Commerce, E. O. (n.d.). Minority Business Development Agency Discretionary Funding Decision Process : Minority Business Development Center Program Cfda No. 11.800. Retrieved from http://www.ipod-library.net/


Excerpt
Excerpt: Discretionary financial assistance programs are those programs for which federal agencies have the authority to independently determine (1) the recipients and (2) the funding levels of the awards made under those programs. These programs involve a significant portion of the Commerce Department?s budget and operations. If not properly administered, they are particularly susceptible to fraud, waste, and misuse of funds. The Office of Inspector General administers an active program of reviews ? which includes audits, inspections, and investigations ? aimed at better ensuring that these programs are well-managed, represent the best use of taxpayers? dollars, and achieve their intended objectives. Senator John McCain, Chairman, Committee on Commerce, Science, and Transportation, requested that the Inspectors General of the Departments of Commerce and Transportation, the National Science Foundation, and the National Aeronautics and Space Administration review the discretionary funding programs of their respective agencies to assess the manner in which discretionary funding decisions are made.

Table of Contents
Table of Contents: EXECUTIVE SUMMARY., i -- INTRODUCTION, 1 -- PURPOSE AND SCOPE OF AUDIT, 1 -- BACKGROUND, 2 -- FINDINGS AND RECOMMENDATIONS, 4 -- MBDA FAILED TO EFFECTIVELY MONITOR -- AND ASSESS CEBO?S PERFORMANCE, 4 -- A. Lack of Oversight and Communication by MBDA Management, 4 -- B. Lack of Performance Assessments Reports, 5 -- C. Lack of Source Sampling Verifications, 6 -- D. Lack of Review of Supplemental Performance Goals, 7 -- E. Conclusions, 7 -- RECOMMENDATIONS, 8 -- MBDA?s Response to Draft Report and OIG Comments, 8

 

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