Audit Report 16-05: SBA Needs To Strengthen Its Information Technology Procurement Practices To Ensure Adequate Planning and Financial Oversight
… inconsistently evaluated vendor quotes while performing a best value determination for one contract. If these … whether using IBC was the best procurement approach. As a result, SBA spent over $600,000 in service fees to use IBC … We also found that SBA funded 8 of the 12 contracts—with a total estimated value of $64.3 million—using a variety of …