Department of Energy

Prior Office of Inspector General reports identified inadequate controls related to the Department of Energy’s administration and oversight of financial assistance awards, and the Department had not ensured that annual independent audits were performed, as required. Financial assistance audits are...

This report highlights and summarizes significant audit, inspection, and investigative results during this period that have strengthened Department of Energy programs and operations for the period ending September 30, 2022.

The Federal Energy Regulatory Commission (FERC) regulates the wholesale and interstate transmission of the Nation’s electricity and natural gas and the pipeline transportation of oil. Further, FERC establishes standards to protect the reliability and cybersecurity of the bulk-power system. Given its...

The Department of Energy spends about 90 percent of its annual budget on site facility management contracts, which includes the management and operation of its scientific laboratories using a performance-based contracting approach which focuses on the evaluation of actual performance goals and...

The attached report presents the results of the independent certified public accountants’ audit of the Department of Energy’s consolidated financial statements as of September 30, 2022, and 2021, and the related consolidated statements of net cost, changes in net position, custodial activity, and...