On September 30, 2020, the Universal Service Administrative Company (USAC) submitted their Semi-Annual Audit Recovery Report to the Federal Communications Commission (FCC). As required by the FCC’s Fifth Report and Order, USAC must submit a semi-annual report to the FCC summarizing the status of all outstanding E-rate audit findings. The report details the process that USAC utilizes to recover improperly disbursed funds. It also provides a summary of audits that may lead to the recovery of previously committed funds.
As of August 31, 2020, USAC had conducted 2,276 audits and recovered $47.1M. There was one “beneficiary audit older than six months with a potential recovery of $11,209,646 for which a Notification Letter has not been issued.”
The audit report may be found here, and summary of audit activity by Funding Year here.
As of August 31, 2020, USAC had conducted 2,276 audits and recovered $47.1M. There was one “beneficiary audit older than six months with a potential recovery of $11,209,646 for which a Notification Letter has not been issued.”
The audit report may be found here, and summary of audit activity by Funding Year here.
