The Office of the Managing Director (OMD) provides direction to the Universal Service Administrative Company (USAC), which administers the federal Universal Service Fund (USF). In order to facilitate the efficient management and oversight of the USF program, the FCC entered into a Memorandum of Understanding (MOU) with USAC. This MOU is effective from September 9, 2008 through Septermber 8, 2012. To the extent the FCC and USAC do not enter into a new MOU by the expiration date of the current MOU, per an amendment , the current MOU will extend to December 8, 2012 or the execution of a new MOU, whichever comes first.
Letters of Management and Oversight Sent to USAC
2012 Letters
- Financial Reporting Letter (12/12/2012) Attachment
- Financial Reporting Deadlines (3/21/2012) Attachment
2011 Letters
- Reductions to Rural Health Care and Schools and Libraries Operational Support Services Contract (10/28/11)
- Instructions to Develop Lifeline Payments based on Actual Reimburment Claims (5/16/11)
- Authorization USAC to Provide Information to new TRS Administrator (4/14/11)
- Financial Statements Corrective Action Instruction (3/24/11)
- Approval to Extend Contract for RHC/SL Operations (3/10/11)
- FISMA Compliance Letter (2/16/11)
- High-Cost Audit Improper Payment Follow-up Directive (2/16/11); Attachment
- Fixed Assets Classification Inquiry (2/16/11)
- Fiscal Year Reporting Deadline Instructions (2/3/11)
- Low-Income Program Risk Assessment Directive (1/25/11)
- USAC Pay Freeze Initiative (1/10/11)
2010 Letters
- E-Rate Program Internal Control Directive (12/21/10)
- USAC Financial Reporting Requirements Letter (12/21/10)
- Low Income Fund Payment Directive (12/13/10)
- CPA Firm & USAC's Procedures for Follow-up On Audit Findings and Recommendations (10/13/10)
- Application of Federal Information Security Management Act (FISMA) (10/6/10)
- Application of the Federal Information Security Management Act to USAC (4/9/10)
- Implementation of IPIA Assessment Program and Companion Audit Program (2/12/10)
- USAC's FY 2010 Federal Financial Reporting Requirements (1/26/10)
2009 Letters
- Mandatory Electronic Payments (6/29/09)
- Request to Exercise One-year Priced Option for USAC's 2008 Annual Part 54 Audit (2/13/09)
- Schools and Libraries Program, WC Docket No. 02-6 (1/16/09)
2008 Letters
- Fiscal Year 2008 Audit Findings (12/16/08)
- Audit Findings related to the Administration of the USF and USAC (12/16/08)
- Execution Matrix Revision (12/15/08)
- USAC Internal Control Structure (12/1/08)
- Material Weakness in Financial Statement Audit (11/17/08)
- Rural Health Care Pilot Program WC Docket No. 02-06 (10/24/08)
- FY2008 IT Audit Findings (10/14/08)
- Executive Compensation Plan-limited extension (9/29/08)
- Requesting Corrective Action Plans for the 2007 Part 54 Agreed Upon Procedures (AUP) Exceptions (9/8/08)
- USAC MOU (9/5/08)
- USAC Steps to Enhance, Strengthen and Improve Operations as the Universal Service Fund (USF) Administrator (8/18/08)
- Requesting Corrective Action Plans for 2007 Part 54 Audit Findings (8/15/08)
- USAC MOU (7/24/08)
- Deconsolidation of NECA's and USAC's Tax Returns and change in USAC's Fiscal Year (7/24/08)
- USAC Compliance with OMB Circular A-136 (7/23/08)
- OMB Exhibits 53 and 300 (7/15/08)
- USAC MOU (6/16/08)
- Establishment of Executive Compensation Committee and performance based plan (6/9/08)
- Disposal of Surplus Property (4/3/08)
- USAC Service Quality Measurements (2/29/08)
- Additional Guidance for Proper Recovery of Funds (1/30/08)
- USAC's Dec.31.07 Report Concerning the IG's 2006.2007 Improper Payments Info Act USF Compliance Audits (1/29/08)
- Download all 23 Letters
2007 Letters
- Financial Report Timelines for FY2007 (7/24/07)
- USAC MOU (7/8/07)
- Third Quarter Unused Funds Distribution (6/7/07)
- USAC Compliance with OMB Circular A-136 (3/16/07)
- Download all 4 Letters
2006 Letters
