Dear Tribal Leaders & Enterprise Operators:
s tribes begin to unveil their
coronavirus reopening and relief funds expenditure plans to their
members, it is important to utilize tribal resources, enterprises, and
small businesses in implementing those plans.
The coronavirus relief funds are intended to be used for COVID-19 relief, response, and prevention and do require strong accounting policy and procedures to maintain compliance and many native businesses and professionals can help.
So far, we have seen some tribes helping their economies by creating their own grant and loan programs, which is great. But wee should also be looking hiring native businesses and workers.
Supporting businesses and workers during this time is important as we watched lawmakers fail to agree on a new bill to extend unemployment benefits, tribes may need to supplement those resources for interim.
Like most Americans, Native Americans carry assets and liabilities and like many Americans, many are at risk of defaulting on their mortgage, vehicle, and other financial obligations.
Tribes considering these types of relief programs to supplement the state and federal resources or to procure the needed services requires strong application and reporting systems.
When developing and implementing programs or procurement plans, here are some things to consider:
- Communication Plans
- Technology Capabilities
- Procurement Policies
- Project Management
- Compliance Monitoring
These and other essential
services are required to successfully procure and manage the resources
to reach the desired impact and purpose of the programs.
Many of our tribal member owned businesses can provide the necessary services with the pride and confidence of knowing their tribal leaders and administrators value their experience and expertise.
McCabe CPA & Consulting Group LLC is a 100% native-owned firm, providing a range of services that are being utilized to COVID-19 relief, response, and prevention.
Our COVID-19 services include the following:
- Accounting & Compliance
- Health Care & Public Health Policy
- Economic Recovery & Development
For more information visit our website or contact us directly through email. We look forward to speaking with you.