We audited the Housing Authority of the City of Brighton, Colorado (Authority) in response to a complaint alleging that it did not have an inventory control system and that it used poor procurement practices.
Our audit objectives were to determine whether the Authority had an adequate inventory control system and whether it performed contracting activities in accordance with federal procurement requirements.
The Authority did not have complete and accurate inventory records of its fixed assets. It also violated federal procurement requirements while awarding two service contracts worth approximately $52,000.
We recommend that the Denver Office of Public Housing require the Authority to perform a complete physical inventory of its fixed assets, develop and implement inventory control procedures, and properly train its procurement staff. In addition, we recommend that the Denver Office of Public Housing perform a post monitoring review to ensure the Authority took recommend actions.