We audited cost representations in invoices submitted to PBGC by a contractor. We evaluated whether costs incurred by the PBGC contractor for fiscal years ending September 30, 2003, 2004, 2005 and 2006 were allowable, reasonable, supported and consistent with contractual provisions.
We question $167,459 in costs related to the following issues:
- Questionable experience and education of contractor employees of $147,681; and
- Billings for employee's lunch period of $19,778.
The report recommends disallowance of the $167,459 and initiation of necessary collection actions.
Because
this report contains proprietary information, it is not publicly
available.
|
