SAO Report. Top 4 Reasons the GLO Contracting Process is Not Great.

The State Auditor today released a report on the General Land Office’s contracting process. The audit results are not great for these 4 reasons:

• When the release about your audit leads with this, it’s not great : “significant weaknesses in its processes”
• The GLO did “not adequately plan, procure, or form its contract[s]” with:
  • Grant Thornton, LLP (Grant Thornton) for oil and gas royalty audit services
  • IDEA Integration Corporation (IDEA) for information technology services. 
• Oops, there was a conflict of interest involving the Grant Thornton contract during the procurement
• Oh, by the way, there are a few systemic issues in GLO’s overall procurement and contracting processes.

SAO Report      Texas Tribune