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… Zone (HUBZone), and three new Mentor-Protégé Programs. As a result, the SBA did not receive a system with full capabilities as originally designed. The original OneTrack system should have been completed in a 12-month period at a total cost of around $1.17 million. …

… of Revised Parts I and II to Appendix C of OMB Circular A‐123 . The OIG found the SBA continues to make progress in … the Disbursements for Goods and Services, as well as 7(a) loan guaranty approvals continued to make progress … Goods and Services; $233.2 million to $510.9 million for 7(a) guaranty loan approvals; and $91 million to $121.1 …

… Reviews Allowed $3.1 Million in Improper Payments on 7(a) Recovery Act Loans Audit Report 14-09: Purchase Reviews Allowed $3.1 Million in Improper Payments on 7(a) Recovery Act Loans Report 14-09 On January 29, 2014, the …

… (6) inadequate review of Star and Attendance Reports; and (7) improvement needed in the employee separation process. The …

… reporting; 5) risk management; 6) security training; 7) plan of actions and milestones; 8) remote access …

… unauthorized commitments at six other federal agencies of a similar size.  Further, the OIG believes that the 417 … of the culture needs to occur.  In order to implement a successful culture change, the SBA needs to hold its …

… in FY 2011 to 17.9 percent in FY 2012. In addition, the 7(a) and 504 programs improved their testing procedures for … of more improper payments during the testing process. As a result, the improper payments estimate increased from $0 in …

… Mobilization activities.  The OIG found that it would be a challenge for the SBA to provide timely, quality assistance to the disaster victims during a catastrophe similar to the 2005 Gulf Coast Hurricanes.  … an additional 2,400 employees to effectively respond to a disaster of similar magnitude.  The OIG also found that the …

… review process; (3)inadequate controls over the 7(a) 1502 error process; (4) inadequate documentation of … intermediary lending pilot program disbursements; (7) untimely site visits for loan defaults; (8) untimely …

… Audit Report 13-08: The SBA Mismanaged Certain 8(a) Information Technology Contracts The objective of this … is the final Office of Inspector General (OIG) report in a series of three audit reports related to information … performed contract requirements in accordance with 8(a) program policies, guidance, and statutory requirements.  …

… requirements.  We determined that SBA had not established a method to track LSP portfolio activities, and therefore … programs.  In addition, SBA did not adequately investigate a number of potential violations of SBA policy by lenders and LSPs, such as a lack of approved agreements. OIG recommended two actions …

… Small Business Administration’s Improper Payment Rate for 7(a) Guaranty Purchases Remains Significantly Underestimated … audit of the Small Business Improper Payment Rate for 7(a) Guaranty Purchases for Fiscal Year 2011. Report 13-07 …

… ability.  SBA Standard Operating Procedures (SOP) 50 30 7 states, “For business loans, we determine repayment ability … borrowers had repayment ability, and these loans are at a higher risk of default. According to a senior ODA management official, the SOP 50 30 7 criteria that applied specifically to evaluating the …

… (2) inadequate controls over 1502 reporting for the 7(a) guaranty loan program; (3) untimely 7(a) charge-off reviews and processing; and (4) inadequate …

… with the Office of Management and Budget Circular No. A-136, Financial Reporting Requirements and the Treasury …

… with the Office of Management and Budget Circular No. A-136,  Financial Reporting Requirements,  and the  Treasury …

… reporting, and compliance and other matters that have a direct and material effect on the financial statements.  … were no material weaknesses in internal control. There is a significant deficiency related to SBA’s information technology security controls, which is a repeat condition. There is one instance of noncompliance …

… the extent to which the joint venture agreement between a mentor and protégé resulted in substantial benefits to the 8(a) participant, and (2) assess the SBA’s oversight of Mentor … venture arrangements and did not effectively oversee 8(a) firms that have joint venture agreements.  As a result, …