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OFFICE OF INSPECTOR GENERAL
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
CONSUMER FINANCIAL PROTECTION BUREAU
March 28, 2013
Assistant Director for Procurement
Timothy Rogers /signed/
Co-acting Associate Inspector General for Inspections and Evaluations and Senior OIG Manager
OIG Report No. 2013-IE-C-004: CFPB Contract Solicitation and Selection Processes Facilitate FAR Compliance, but Opportunities Exist to Strengthen Internal Controls
Attached is a copy of an evaluation report that the Office of Inspector General (OIG) recently completed regarding certain contract solicitation and selection processes of the Consumer Financial Protection Bureau (CFPB). The OIG conducted this evaluation to identify opportunities to strengthen the internal controls of the CFPB's Office of Procurement.
We provided you with a copy of our draft report for review and comment. In your response, you stated that you concurred with our recommendations, and you outlined actions that you have taken or that you plan to take to satisfy our recommendations. We have included your response as appendix B to our report.
We appreciate the cooperation that we received from CFPB staff during our evaluation. This report will be added to our public website and will be summarized in our next semiannual report to Congress. Please contact me if you would like to discuss this report or any related issues.