County of Monterey, Department of Public Works

P1594-0072, P1594-0073, P1594-0074

Indirect Cost Rate Proposal

Date Issued: 6/10/2019

 

At the request of the Independent Office of Audits and Investigations, the State Controller's Office completed an audit of the County of Monterey, Department of Public Works' (County) Indirect Cost Rate Proposal (ICRP) for fiscal years 2015/16 through 2017 /18. The purpose of the audit was to determine whether the ICRPs were presented in accordance with Title 2 Code of Federal Regulations (CFR) Part 200 and Caltrans Local Assistance Procedures Manual Chapter 5. In addition, the audit was performed to determine whether the County has adequate accounting controls to properly manage federal- and state-funded projects, and whether the county's procurement policies and procedures were in compliance with 2 CFR 200. The complete audit report is attached.

The audit did not disclose any findings. No further action is required.