Department of Defense Task Force for Business and Stability Operations' International Oil and Gas Sector Advisory Services Contract: Audit of Costs Incurred by Curtis, Mallet-Prevost, Colt and Mosle
Abstract
On June 22, 2012, the Department of Defenses (DOD's) Task Force for Business and Stability Operations (TFBSO), through the Department of the Interior's National Business Center, awarded a 1-year, $4 million contract to Curtis, Mallet-Prevost, Colt and Mosle (Curtis) to provide advisory services in the international oil and gas sector. The contract required Curtis to provide strategic and contractual analysis of processes and opportunities to support the development of tenders and contracts for the exploration and production of oil and gas in Afghanistan. The contract was modified seven times, increasing the total amount to $5.9 million and extending the period of performance through July 21, 2013. SIGAR's financial audit, performed by Williams, Adley and Company-DC (Williams Adley), reviewed $5,940,055 in reimbursable costs incurred under the contract between June 22, 2012, and July 21, 2013. The objectives of the audit were to (1) identify and report on significant deficiencies and material weaknesses in Curtiss internal controls related to the contract; (2) identify and report on instances of material noncompliance with the terms of the contract and applicable laws and regulations, including any potential fraud or abuse; (3) determine and report on whether Curtis has taken corrective action on prior findings and recommendations; and (4) express an opinion on the fair presentation of Curtis's Special Purpose Financial Statement (SPFS). See Williams Adley's report for the precise audit objectives. In contracting with an independent audit firm and drawing from the results of the audit, SIGAR is required by auditing standards to review the audit work performed. Accordingly, SIGAR oversaw the audit and reviewed its results. Our review disclosed no instances where Williams Adley did not comply, in all material respects, with U.S. generally accepted government auditing standards.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 2017
- Accession Number
- AD1139861
Entities
People
- John Sopko
Organizations
- Special Inspector General for Afghanistan Reconstruction