Date Issued
Report Type
Semiannual Report
Description
We are pleased to present our report for the period April 1, 2022, to September 30, 2022. The information in this report shows firsthand the dedication and professionalism of the TVA OIG team and our understanding of the importance of providing independent oversight of TVA. We will continue to focus on making TVA better by identifying potential risks to TVA’s ability to achieve its mission of providing reliable power at the lowest feasible rates, environmental stewardship, and economic development to the Tennessee Valley.In this semiannual period, our audit, evaluation, and investigative activities identified more than $145 million in questioned costs; funds put to better use; recoveries; civil and criminal forfeitures; and opportunities for TVA to improve its programs and operations.
Joint Report
Yes
Participating OIG
Tennessee Valley Authority OIG
Agency Wide
Yes (agency-wide)
Questioned Costs
$3012488
Funds for Better Use
$139,418,000