[read complete report - pdf]

Audit Objective

Determine whether Town officials procured goods and services in accordance with Board policy and applicable statutory requirements.

Key Findings

• Of the nine purchase contracts totaling approximately $1.3 million that were entered into during the audit period and exceeded the competitive bidding threshold, one purchase contract totaling $61,766 was not procured in accordance with statutory requirements.
• Of the 15 purchase and public works contracts totaling $150,939 that did not exceed the competitive bidding threshold, 11 contracts (73 percent) totaling $105,010 were not procured in accordance with the procurement policy.

Key Recommendations

• Procure purchase contracts exceeding the competitive bidding threshold in compliance with statutory requirements.
• Procure goods and services not subject to the competitive bidding requirements in compliance with the Town’s procurement policy.

Town officials agreed with our recommendations and have initiated, or indicated they planned to initiate, corrective action.