Title of Report [omit “Audit of”]

September 2008 Report No. AUD-08-016 Controls Over Contractor Payments for Relocation Services AUDIT REPORT Report No. AUD-08-016 September 2008 Controls Over Contractor Payments for Relocation Services Federal Deposit Insurance Corporation Audit Results Why We Did The Audit DOF has implemented a number of important controls designed to ensure that payments to Cartus for relocation services are allowable, allocable, and reasonable The Corporation provides relocation services and in compliance with contract requirements. Of particular note, DOF has and reimbursement of expenses for FDIC employees who change their official duty designated an Oversight Manager and Technical Monitor to oversee the Cartus station for the benefit of the FDIC. Certain contract and has segregated key duties and responsibilities for reviewing, retirees also receive some relocation processing, and paying contractor invoices. Further, DOF has performed post-benefits. The FDIC has contracted with the payment audits of selected invoices submitted by Cartus. In addition, DCAA Cartus Corporation (Cartus) to provide found that costs billed to the FDIC for relocation services on selected Cartus eligible employees and retirees with invoices were allowable, allocable, and reasonable. relocation services. We also found that improvements are needed in some areas to ...