FTA’s Oversight of Its Region 9 Recipients Is Insufficient To Confirm Compliance With CARES Act Funding Requirements
Audit · Department of Transportation OIG · 2024-05-21 · about Department of Transportation
Report
Title
FTA’s Oversight of Its Region 9 Recipients Is Insufficient To Confirm Compliance With CARES Act Funding Requirements
Submitting OIG
Department of Transportation OIG
Component agency
Department of Transportation
Type
Audit
Publication date
2024-05-21
Summary
What We Looked At Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Federal Transit Administration (FTA) received $25 billion to help the Nation’s public transit agencies mitigate the impacts of COVID-19. FTA obligated over $4.4 billion of this funding to recipients within FTA’s Region 9, which contains the 4th, 10th, and 11th highest FTA CARES Act fund recipients nationwide.
Recommendations (1)
#
Status
Text
4
Open
For FTA funds identified at elevated risk for misuse, implement written procedures to strengthen the Agency's ability to assess expense eligibility prior to recipients receiving payments. Implementing this recommendation could put up to $446.9…