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ED - A20CA0017 - 2.4

Closed · 2021-09-28

From report

Report
Remington College’s Use of Higher Education Emergency Relief Fund Student Aid and Institutional Grants
OIG report number
A20CA0017
Recommendation number
2.4

Recommendation text

Require Remington College to incorporate in its policies and procedures for managing HEERF grant funds the Federal requirements related to charging only allowable costs during the grant performance period, using competitive processes for selecting vendors when purchases are over $10,000, obtaining price or rate quotations from an adequate number of qualified vendors for purchases between $10,000 and $250,000, and using formal procurement methods for purchases over $250,000.