Connecticut’s state auditors apparently haven’t seen much change at Connecticut Innovations. In its latest report, they are recommending the quasi-state agency embrace recommendations made three years ago.
The audit recommends, as it did in 2012, that Connecticut Innovations should strengthen internal controls to ensure compliance with reporting requirements as prescribed by state law. Auditors said in 2015 they continued to find similar issues with reporting.
The auditors were also troubled by Connecticut Innovations’ lack of good record keeping. The audit said, it should strengthen internal controls to ensure that contracts include all provisions required by state law. “We continued to find missing documentation with executed contracts,” the audit said.
According to the auditors, their review of 15 personal-service agreements found that two agreements, exceeding $50,000, did not have the required affidavits on file. They also noted one agreement was missing a non-discrimination affidavit and another was missing documentation to ensure the contractor had not been cited for occupational safety and health act violations.
In the auditor’s report, Connecticut Innovations said it agreed with the findings and had strengthened its internal controls by having its contracting language reviewed and updated by outside counsel on an ongoing basis to ensure compliance with General Statutes.
