May 2, 2012
AASHTO to Release National Compensation Matrix and Revised Audit Guide
The American Association of State Highway and Transportation Officials (AASHTO) has created a National Compensation Matrix (NCM), developed under the direction and guidance of the Federal Highway Administration, that State Departments of Transportation can use as a tool for determininqg reasonable levels of compensation. The final NCM, including the instructions and Q&As, is anticipated to be published by May 8, 2012 and will be available through the AASHTO Audit Subcommittee website.
The development of the NCM will be followed by a revised version of the Uniform Audit and Accounting Guide, including related changes to Chapter 7. The AASHTO plans to submit the revised Audit Guide and complete the review and approval process prior to their July Subcommittee conference.