Difference between revisions of "US Government Oversight - Thresholds"
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(→Low Risk Sampling Percentages) |
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| Line 22: | Line 22: | ||
| $50M to $100M || 10% | | $50M to $100M || 10% | ||
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| − | | | + | | $100M to $250M || 20%, but mandatory audit every 3rd year (if not selected) |
|- | |- | ||
| − | | | + | | Greater than $250M || 100% |
|- | |- | ||
| Example || Example | | Example || Example | ||
Revision as of 16:11, 14 February 2014
Contents |
Incurred Cost Claimed Proposals
MRD 13 - PPD-021(R)[1]
This Memorandum for Regional Directors:
- Revised guidance on low risk Incurred Cost Proposals less than $250M ADV
- Required FAO's to assess or reassess risk for all adequate[2] proposals under $250M ADV where fieldwork had not been started.
Changes from Previous Guidance
- Revised threshold for significant last completed incurred cost year questioned costs
- Identified other risk factors for low risk determinations
- No sampling of low risk proposals under $1M ADV
Low Risk Sampling Percentages
| Low Risk Adequate Proposals by ADV | Low Risk Sampling Percentages |
|---|---|
| Less than $1M | 0% |
| $1M to $50M | 5% |
| $50M to $100M | 10% |
| $100M to $250M | 20%, but mandatory audit every 3rd year (if not selected) |
| Greater than $250M | 100% |
| Example | Example |
