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Appendix C Amplifying Questions
Audit Stewardship
- A study of audit practices prior to contract initiation to determine the following:
- How are financial evaluations made to obtain the best outcome for funds invested?
- How can the government receive the best value for the public?
- How does the government determine whether or not the proposing company has the resources to perform the project?
- How does the government evaluate proposal costs?
- How does the government decide on the sale and valuation of state assets?
- An investigation of innovative audit reporting methods used to advise agencies on the mitigation of risk in the event of project difficulties.
Audit Oversight
- A study of audit practices during contract periods, which include the following:
- Evaluation of work performed.
- Project costing standards.
- Distribution of profits from concessions.
- Compliance with contract provisions.
- Evaluation of overall price and quality of services received.
- A study of audit practices after contract periods, which include the following:
- Evaluation of work performed.
- Project costing standards.
- Distribution of profits from concessions.
- Compliance with contract provisions.
- Evaluation of overall price and quality of services received.
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Page last modified on November 7, 2014