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XIX.2.A Project IDs and Description – XIX. Project Costing (PCIP)
… Project ID Project ID in SFS is an internal identifier to capture costs related … of ‘NEXT’ auto-numbering approach for their Project ID. Auto-numbering is aligned with guidance and avoids … Project IDs. Using the federal grant number as the Project ID when creating new projects in SFS is no longer …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix2a-project-ids-and-descriptionAccounts Payable Advisory No. 47
… any vendor that has a classification as a “procurement supplier” in the NYS vendor file. This policy, subject … agency intends to pay the vendor with a check, electronic payment (ACH) or with the PCard. It is a best practice for … less than $500.00 when a vendor accepts the PCard for payment. However, agencies may not use the PCard to purchase …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/47-purchase-orders-and-procurement-card-useManchester-Shortsville Central School District – Instructional Complex Capital Improvement Project (2021M-103)
… District (District) officials properly and transparently used capital project resources. Key Findings Officials did … District District officials properly and transparently used capital project resources …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/01/manchester-shortsville-central-school-district-instructional-complexTown of Middleburgh – Claims Audit Process (2023M-56)
… audit claims prior to approving them for payment. As a result, the risk is increased that claims could have been … $340,204 we found: The Board approved all claims without a thorough and deliberate review. 11 debit card purchases … vendors and the reasons why solicitation of quotes is not in the Town’s best interest. Discontinue use of the Town …
https://www.osc.ny.gov/local-government/audits/town/2023/07/07/town-middleburgh-claims-audit-process-2023m-56Science Academies of New York Charter Schools – Purchase versus Lease of Buildings (2017M-279)
… of New York Charter Schools (SANY) has school buildings in the City of Syracuse and the Town of Geddes in Onondaga County, the City of Utica in Oneida County and the Town of Frankfort in Herkimer …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/03/30/science-academies-new-york-charter-schools-purchase-versus-lease-buildingsFishers Island Waste Management District -- Purchasing (2015M-292)
… $610,540. Key Findings The District’s purchasing policy does not require the use of competitive bidding for any … reason for awarding a purchase contract to a vendor who does not submit the lowest bid or quote. …
https://www.osc.ny.gov/local-government/audits/district/2016/01/29/fishers-island-waste-management-district-purchasing-2015m-292U-Crest Fire District #4 – Travel Expenditures (2017M-35)
… 1, 2015 through December 5, 2016. Background The U-Crest Fire District #4 is a district corporation of the State, … District is governed by an elected five-member Board of Fire Commissioners. General fund budgeted appropriations for … UCrest Fire District 4 Travel Expenditures 2017M35 …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/04/26/u-crest-fire-district-4-travel-expenditures-2017m-35South Butler Fire District – Board Oversight of Financial Operations (2020M-155)
… fund or use reserve funds. Fund balances and real property tax levies were higher than needed to fund …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/04/30/south-butler-fire-district-board-oversight-financial-operations-2020m-155Town of Oxford – Procurement (2024M-88)
… were subject to the Policy. Four contracts for public works purchases totaling $31,689. Insurance coverage and …
https://www.osc.ny.gov/local-government/audits/town/2024/11/22/town-oxford-procurement-2024m-88Fonda-Fultonville Central School District – Reserves Management (2021M-157)
… liability reserve or fund the repair reserve, as required. Pass a required resolution to properly transfer $114,895 into …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/fonda-fultonville-central-school-district-reserves-management-2021m-157Town of Sanford – Claims Audit Process (2021M-189)
… to help ensure purchases are cost effective and in the best interest of taxpayers. Town officials generally agreed …
https://www.osc.ny.gov/local-government/audits/town/2022/03/04/town-sanford-claims-audit-process-2021m-189Town of Owasco – Financial Management and Procurement (2021M-70)
… and capital plans. Determine whether professional services and playground equipment were procured in a manner … the prudent and economical use of public money in the best interests of the taxpayers. Key Findings The Board did … plans or ensure the proper procurement of professional services and playground equipment. The Board did not: Adopt …
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-owasco-financial-management-and-procurement-2021m-70North Syracuse Central School District – Professional Services (2022M-34)
… without seeking competition. Used a request for proposals (RFP) process to select certain professional service providers … officials should issue professional service RFPs. Use an RFP process to solicit competition when procuring …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/29/north-syracuse-central-school-district-professional-services-2022m-34Lynbrook Union Free School District – Purchasing (2022M-17)
… agent ensured staff followed the District’s purchasing policy for goods and services not subject to competitive … not ensure purchases adhered to the District’s purchasing policy for goods and services not subject to competitive … agent ensured staff followed the Districts purchasing policy for goods and services not subject to competitive …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/08/lynbrook-union-free-school-district-purchasing-2022m-17Village of Unadilla – Procurement (2022M-182)
… obtained the most favorable terms and conditions in the best interest of its taxpayers. Competition was not sought …
https://www.osc.ny.gov/local-government/audits/village/2024/04/26/village-unadilla-procurement-2022m-182Town of Worcester – Claims Audit (2022M-145)
… made for unsupported and/or improper claims and not in the best interest of the taxpayers. In our sample of 199 claims …
https://www.osc.ny.gov/local-government/audits/town/2023/02/10/town-worcester-claims-audit-2022m-145Brighton Central School District – Procurement (2022M-205)
… statutory requirements and good business practices. Of the nine CIP contracts totaling $4.4 million awarded to … awarded two contracts, totaling $2.8 million. Instead of competitively bidding these contracts, officials used …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/02/brighton-central-school-district-procurement-2022m-205Naples Central School District – Online Banking (2015M-143)
… period July 1, 2013 through June 16, 2015. Background The Naples Central School District is located in the Towns of Bristol, Canadice, Canandaigua, Naples, Richmond and South Bristol in Ontario County, the … Naples Central School District Online Banking 2015M143 …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/11/naples-central-school-district-online-banking-2015m-143Archived: Legislative Session 2021–2022
… employees hired after January 1, 2023. Pre-Audit - State Insurance Fund – Vetoed on December 29, 2021 - Veto Memo … – Relates to the pre-audit of expenditures from the state insurance fund by the state comptroller. Natural Gas Damage … competitive negotiation concluding with a best and final offer; clarifying the use of best and final offers for …
https://www.osc.ny.gov/legislation/archived-legislative-session-2021-2022Fund's Mission, Values and Investment Philosophy
… intervals through a rigorous process to reflect changing market conditions and long-term views and is subject to a … the basis of net returns, not on the fees they charge. Market beliefs We believe that in highly efficient markets, … We believe that, as a fund, tactical trading on short-term market movements will likely lead to long-term …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophy