An audit report released Monday said purchases made on these two corporate purchasing cards, which had monthly limits of $400,000 or more, “were artificially split in order to bypass formal procurement policies,” which generally require competitive bids for purchases over $5,000.
In some cases, vendors of research and medical equipment used at the professional schools were asked to generate several invoices for a single purchase to avoid competitive bids. The team from the Office of Legislative Audits found that 15 orders from two medical supply firms totaling about $122,000 were split into two or more transaction to avoid the $5,000 limit. The purchases occurred from March 2009 to September 2011.
Read more: http://marylandreporter.com/2013/04/16/state-credit-cards-at-university-used-to-dodge-purchasing-rules-auditors-find/#ixzz2QdPwdtab
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Duh. MCPS does this all the time.
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