Date Issued
Report Number
2007-11027
Report Type
Audit
Description
We determined the provisional billing adjustments a contractor calculated for calendar years 2005 and 2006 were understated by $267,040 due to various errors in the contractor's reconciliations of previously billed and incurred costs. Also, we found the contractor owed TVA an additional $636 due to various billing and payment errors. The contractor and TVA management agreed with our findings. Summary Only
Joint Report
Yes
Participating OIG
Tennessee Valley Authority OIG
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0