#public-procurement-audit

#public-procurement-audit

What we want to do is make sure that CIOs are fully empowered to be there at the beginning of conversations, that they are part of the formulation of budget and policy from liftoff.

Among the 189 CDO and other data leader respondents to the annual survey conducted by the nonprofit, nonpartisan Data Foundation, about 40% said they had lost six or more employees last year.

Doing so has failed to prioritize agency internal control processes to adequately protect American taxpayer dollars, leading to documented examples of widespread abuse. Prior versions of OMB's guidance have overly deferred to the direction and priorities of external entities whose views are not binding on the Executive Branch, such as the Government Accountability Office.

Understanding the difference in purpose Unlike private businesses, which exist to make a profit, public institutions are designed to create impact - especially social and economic outcomes that benefit everyone, not just paying customers. A public agency doesn't measure its success in revenue or margins, but in how much it improves lives, builds equity and maintains public trust. This doesn't mean budgets and spending don't matter - they absolutely do - but money is not the goal. It's the tool.

Berkeley has awarded tens of millions of dollars in contracts that weren't subjected to a competitive bid process, according to a new report, which could lead to the city paying too much for goods and services, or create opportunities for corruption. The investigation by the office of City Auditor Jenny Wong found Berkeley often used non-competitive contracts in cases where it should have solicited for other bids, including in two deals for recycling services worth a combined $41.4 million, which are up for extensions soon.

The accounting watchdog said that, although there had been no new financial issues, it "disclaimed" the college's latest 2024-25 accounts because of the continuing "fallout" from financial reporting problems that resulted from a problematic IT project. "We were not able to provide a complete opinion on the opening position or in-year transactions for 2024-25, both of which are heavily derived from the closing position of the prior year," it added.

Companies are under attack publicly and privately for policies viewed as "too progressive" or "woke." The reality, however, is that most companies have strongly reaffirmed their sustainability commitments but less so their DEI commitments. Corporate social responsibility (CSR) works in the grey area between the two. Many affirming companies have opted for "greenhushing," staying quiet about their strategies and leadership.

Dear Transparency-Committed Reader, You're not alone. So many of us want decision-making to reflect our collective values (like transparency, care, and shared power), but it's hard to actually put those values into practice. That gap between what we believe and how we decide can be frustrating. And getting stuck in the process is a common concern I hear from groups. I am happy to share, though, that decision-making doesn't have to be a nightmare.

The U.S. Treasury Department has cut its contracts with Booz Allen Hamilton, after a former contractor who worked for the firm was charged and subsequently imprisoned for leaking tax information to news outlets about thousands of the country's wealthiest people, including President Donald Trump. The latest move is in line with Trump administration efforts to exact retribution on perceived enemies of the president and his allies - despite Booz Allen's recent contributions to Trump's ballroom project, expected to cost more than $400 million.

As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent directors, particularly for audit committees, because of their ability to translate complex operational and financial realities into effective oversight.For example, this month, J. Michael Hansen, former EVP and CFO of Cintas Corporation, was appointed to the audit committee at Paychex.

The Department of Defense, which was recently authorized to receive a new annual budget of nearly $840 billion a year and could see a substantial increase to $1.5 trillion under the current Trump administration, has consistently failed to pass an audit since audits became legally required for the military in 2018. Pentagon officials hope the military can get its books in order across the services and pass one by 2028.

With the Supreme Court potentially poised to invalidate recent tariffs, organizations face a confusing scenario. Having clear visibility into contract terms - such as price adjustments and renegotiation provisions - is essential to navigating this volatility. Come join us on at 1 p.m. ET on Jan. 27 for this CLE-approved webinar, where we'll discuss the current state of the tariff conundrum and explore strategies for achieving contract visibility with the latest AI innovations.

If your partner in Munich mishandles customer data, or your reseller in Paris uses a "black box" AI tool to generate deceptive ads, it isn't just their reputation on the line. It's yours. With the EU AI Act now in full swing and GDPR entering its "mature enforcement" era, the distance between a partner's mistake and your company's $20 million fine has never been shorter.

This will also greatly increase the need for AI audit trails: detailed records of what data AI used, what steps it took, what suggestions or decisions it influenced, and who ultimately confirmed the choices. These trails will become crucial for compliance, ethical accountability, and ensuring business integrity. According to Pugh, there will be a clear trend toward transparent AI workflows, and companies will increasingly see that an error in a prediction can be traced back to a specific step in the AI workflow.

In a filing with the U.S. Court of Federal Claims on Friday, NITAAC explained that cancelling the contract is in line with President Trump's executive order, Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement. "As a result of these efforts, HHS has shifted its focus away from re-evaluation of existing offers," the agency told the court. NITAAC also plans to extend CIO-SP3 for another year, which would push its expiration date until April 29, 2027.

The White House on Friday rescinded a 2022 order that mandated a single, standardized self-attestation form for federal agencies to obtain cybersecurity assurances from software vendors, arguing the policy hindered agencies from adopting security solutions for their specific system needs. "There is no universal, one-size-fits-all method of achieving that result," Office of Management and Budget Director Russ Vought said in the memo released Friday. "Each agency should validate provider security utilizing secure development principles and based on a comprehensive risk assessment."

In this new season, I'm asking how the Trump White House is rewriting the rules of U.S. politics, and talking to Americans whose lives have been changed as a result. Today's episode examines the destruction of the civil service: the removal of professionals, and their replacement with loyalists. I've seen this kind of transformation before, in other failing democracies. Everyone suffers from the degradation of public services.