1903 Financially Viable and/or High Risk Contractors and Grantees | IAC
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Department of Human Services |
Index: |
POL 1903 |
Revised: |
03/06/2024 |
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Next Review: |
04/01/2026 |
Policy
The policy of the Department of Human Services (DHS) is to protect, to the greatest extent possible, all resources awarded to and utilized by contractors and grantees in the delivery of services to the Department’s clients. In addition, to ensure that those non-federal entities which receive funds from the Department conform to the standards and requirements imposed by federal and state laws and by the DHS Office of Procurement and Contracts (OPC).
The Office of Inspector General Internal Audit and Compliance (OIG-IAC) is responsible for issuing and updating procedures to implement this policy, when necessary.
Authority
2 CFR part 200.331
Applicability
This policy is applicable to all divisions and offices of DHS.
Definitions
- Non-Federal Entity
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A state, local government, nonprofit, or profit organization.
Responsibilities
The Office of Inspector General Internal Audit and Compliance (OIG-IAC) Director is responsible for oversight of POL1903.
History
Replaces POL1903, last reviewed 03/01/2022.
Evaluation
The OIG-IAC will evaluate this policy continuously by:
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Completing financial reviews of initial new contractors.
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Complete reviews of Third Party (TPR) audited/unaudited financial statements.
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Reviewing and follow-up on corrective action plans.