Report Materials
EXECUTIVE SUMMARY:
During the 4-year audit period, Nationwide claimed administrative costs totaling $144,268,652. Nationwide could not provide documentation to support costs claimed totaling $5,069,849 for travel, facilities, equipment, materials, postage, telephone, professional services, miscellaneous costs and sale of assets. In addition, we are questioning a total of $1,384,752 for complementary credits, unallowable overhead allocations, and executive compensation. Finally, Nationwide claimed costs totaling $1,543,938 on its termination voucher. We are questioning $41,505 for the portion of the bonus for one employee in excess of the Centers for Medicare and Medicaid Services approved 30 percent rate.
Notice
This report may be subject to section 5274 of the National Defense Authorization Act Fiscal Year 2023, 117 Pub. L. 263.