- Physical inventory required every two years (18.32)
- Adequate maintenance procedures (18.32)
- Physical safeguards (18.32)
Condition: The grantee lacks a comprehensive disaster recovery plan.
Condition: Reconciliation of the federal cash account should be documented and approved.
Condition: Fixed assets system information not current or complete.
Condition: Preventive maintenance not performed timely.
2005 - Federal Transit Administration