In October 2012, Hurricane Sandy hit New Jersey causing $70.2 billion in economic damage. It was the nation’s most expensive storm since Hurricane Katrina seven years earlier. The iParametrics Emergency Management team stepped in to support post-disaster recovery in the wake of this devastating storm, including program and process management, financial auditing, integrity monitoring, grant management, and closeout services.
New Jersey Department of Treasury, Program and Process Management Auditing, Financial Auditing and Grant Management, and Integrity Monitoring/Anti-Fraud Services for Disaster Recovery
When a hurricane of this magnitude strikes, state and local agencies are left with billions of dollars of damages to assess, implement, and manage. As a member of the States team, we created, implemented, and monitored policies and procedures to ensure compliance with relevant federal and state laws and regulations as it pertained to disaster recovery programs.
Development of processes, controls and technologies to support the execution of the following FEMA-administered programs: Public Assistance, Hazard Mitigation, and Individual Assistance; HUD-administered Community Development Block Grant (CDBG) program; and other Federal and State grant and assistance programs in compliance with Federal and State guidance, including OMB circulars. Provide integrity monitoring services for professional specialties such as engineering and structural integrity services.
Our team put in place the processes, controls and technologies to support the execution of several FEMA projects. We planned, implemented, administered, coordinated, monitored and evaluated all activities within these projects and performed desk reviews on all contractor invoices, other document submissions, and performed phased engineering inspections. We also uncovered and reported unethical and/or illegal conduct for the term of the projects and prepared the projects for state closeout.
iParametrics successfully performed Financial Auditing and Grant Management, and Integrity Monitoring/Anti-Fraud Services on over $236M in disaster recovery projects, successfully preparing them for State closeout.