Department of the Treasury (Treasury) Office of Inspector General (OIG) requires that $500,000 of Coronavirus Relief Fund (CRF) proceeds, used to secure the loan with Liberty National Bank, be returned to the Apache Tribe’s CRF account to be used for eligible obligations by December 31, 2021.
Treasury management should finalize guidance concurrent with funds distribution in order to facilitate efficient administration of programs and minimize recipient confusion and misuse of funds.
2-1 - Open
Treasury management should document its analysis of the applicability of grant requirements under 2 Code of Federal Regulations (2 CFR) for each American Rescue Plan Act (ARP) program in its implementation plan as required by Office of Management and Budget Memorandum M-21-20 (OMB M-21-20).
2-2 - Open
Treasury management should apply the requirements of 2 Code of Federal Regulations (CFR) to Federal financial assistance funded through the American Rescue Plan Act (ARP) to the maximum extent authorized by law.
2-3 - Open
Treasury management should require signed agreements documenting standard terms and conditions before disbursing American Rescue Plan Act (ARP) funds to recipients.
3-1 - Open
Treasury management should conduct and document an information technology (IT) investment analysis as required by the Office of Management and Budget's (OMB) Memorandum M-21-20, and Circulars A-130 and A-11 before making the decision to implement the grants Quality Service Management Offices (QSMO) system, GrantSolutions, Salesforce, or another solution for the execution of American Rescue Plan Act (ARP) programs.
4-1 - Open
Treasury management should develop performance metrics to measure the effectiveness of American Rescue Plan Act (ARP) program funding in assisting with pandemic relief goals.
4-2 - Open
Treasury management should include recipient reporting requirements in written agreements to facilitate this process and ensure that needed information is collected quarterly.
Department of the Treasury (Treasury) management should review payments issued under the Payroll Support Program (PSP1) to ensure awarded amounts are allowable per the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and Treasury guidance.
1-2 - Open
Department of the Treasury (Treasury) management should remedy the incorrect amounts awarded under the Payroll Support Program (PSP1).
Treasury management should support our office in accomplishing our monitoring and oversight responsibilities in the following ways: (1) assist in communications with Coronavirus Relief Fund recipients on matters that include, but are not limited to, communications of reporting and record keeping requirements and other audit inquiries, as needed; (2) ensure that Treasury maintains communication channels with recipients to obtain and address post-payment inquiries regarding specific payments; and (3) continue to update Coronavirus Relief Fund guidance and disseminate to recipients as needed.