Issued Date
November 30, 2018
Audit Objective
Determine whether the Board ensured that goods and services were procured in the most economical way and in accordance with the Village’s purchasing policy.
Key Findings
- We examined 59 purchases totaling approximately $1.4 million and found 17 purchases totaling approximately $124,000 showed no evidence quotes were obtained.
Key Recommendations
- Seek the necessary number of quotes as required by the purchasing policy.
- Retain evidence of quotes or Village officials’ attempts to obtain quotes with the claim.
Village officials agreed with our recommendations and have initiated, or indicated they planned to initiate, corrective action.