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Contract Internal Control Questionnaire
- If the contract involves an expenditure or revenue of more than $100,000, and is on other than the standard contract form, or includes any unusual terms or conditions, was it reviewed by appropriate legal, tax or insurance personnel prior to execution?
- Does the contract contain a standard audit clause?
- If not, was the contract reviewed by Audit Services?
- Does the Procurement Requisition and Authorization Form contain a complete description of services to be rendered?
- Is it properly approved?
- Were bids received sufficient to assure competition?
- Does the contract file have adequate documentation supporting the selection of the contractor including both technical and commercial evaluations?
- If the contract was not bid, is there adequate justification?
- Was the contract signed by the proper authority?
- Was it properly approved?
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