The U.S. Department of Com- merce Working Capital Fund (WCF) was established in 1944. It operates as a revolving fund approved by Congress, set up to provide centralized services to the Department as efficiently and economically as possible. In fiscal year (FY) 2013, the WCF collect- ed nearly $150 million for 62 projects managed by 12 service providers within the Department. Services provided include infor- mation technology, human resources, security, and legal services.
We reviewed 34 projects managed by 9 service providers, which provide services to 13 customers. For 10 of the projects reviewed, we found that OSFM did not use current billing rates and the service providers did not have accurate supporting documentation for the amounts they charged to the customers.