U.S. Department of Labor Office of Inspector General

Audit Report

WALCOFF AND ASSOCIATES, INC.
 

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Report Title:  Walcoff and Associates, Inc.

Report Number:  18-98-005-03-001

Issue Date:  January 28, 1998

The OIG audited $3.8 million of direct costs claimed by Walcoff & Associates, Inc., a for-profit organization that was awarded four DOL contracts through the U.S. Small Business Administration "set-aside" program.  DOL contracted with Walcoff for technical and logistical support to develop 12 video presentations and provide followup evaluation and assistance to the National Job Corps Recruitment Campaign.  Walcoff was also contracted to raise the awareness of small business establishments to the problems of substance abuse in the workplace.  Our audit disclosed that the costs claimed were properly supported and that Walcoff complied, in all material respects, with the cost principles set forth in the Federal Acquisition Regulations and the terms of the contracts.

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