* This class is one of the optional class requirements for The Construction Purchasing Certificate Program.
Who Should Attend:
This is a critical session for agency auditors, directors, facility managers, construction representatives, supply managers, purchasing agents and buyers, risk managers, contract managers, and inventory and warehouse managers or any personnel employed in managing a major contract on behalf of the agency.
This session would be perfect for indoctrinating new staff and managers of what we are expected to do by audited and when we need to schedule an audit for all the contracts for the organization, or the agency.
Besides instilling a confidence in the agency personnel about audits, when to use which one and how to best conduct the audit it will make sure we are stretching the agency dollars for a ‘best value’ solution and minimizing risk. The variety of types will assist in showing where concerns are identified, and solutions can be attained.
Audits are considered a Best Practice activity and usually only three to four percent of audits are ever conducted according to the Center for Advanced Purchasing Studies (CAPS). While some audits can take some time to evaluate and review others, like a compliance audit can be conducted at the agency’s office in a matter of just five minutes, not requiring any travel or expense to the organization. When contractors and vendors know you are watching, by auditing, they do a better job of performing to agency contracts.