Tennessee Valley Authority

I am pleased to present to you our semiannual report for the six-month period beginning April 1, 2006, and ending September 30, 2006. The efforts of the men and women of the TVA OIG resulted in almost$14 million in recoveries, fines/penalties, potential savings, questioned costs, or funds which...

This report to the TVA Board and to Congress concludes a full year for the newly constituted TVA Boardwhich was sworn in on March 31, 2006. Legislation signed by President Bush in 2004 expanded the Board fromthree full-time members to nine part-time members with a full-time chief executive officer...

This reporting period was marked by TVA leading the nation in the resurgence of nuclear power. TVA’s commitment to nuclear power was demonstrated by (1) the restart of the Browns Ferry Nuclear Plant (BFN) Unit 1 in North Alabama in May; (2) Board approval in August for completion of a second nuclear...

In 1988, Congress established by law the Office of Inspector General at TVA. A fair question is, to what end? If we were judged on the same basis as private sector business units, how would we stack up? Did we pay our way? And perhaps the most important consideration, have we helped make TVA better...

The United States is facing an energy crisis of historic proportions and when coupled with the recent national economic instability, these two factors present utility companies like TVA with unique challenges. The electric utility industry is a very capital-intensive industry requiring TVA to make...

This report to Congress and the TVA Board comes at a time of historic challenges for TVA. We chronicle some of those recent challenges in the "Special Feature" on page 16 of our report. In many ways, a "perfect storm" has developed that has changed the landscape of TVA forever. As we note, a federal...

Change is coming to TVA...and much of it is internally driven. Undoubtedly, the coal ash spill at the Kingston plant on December 22, 2008, set some of those changes in motion, but the TVA Board and TVA management have reacted with a commitment to make the changes necessary to make TVA better. Yes...

The Tennessee Valley Authority continues to live under the cloud of the Kingston ash spill of December 2008. The Office of the Inspector General is reminded of this shadow every day through our continuing review of TVA's efforts to return the Kingston area to its former state. We see TVA making...

We are pleased to present our report for the period March 31, 2010, through October 1, 2010. The hard work of our TVA OIG employees resulted in almost $20.5 million in recoveries, fines/penalties, potential savings, questioned costs, or funds which could be put to better use during this reporting...

As those of you who read our Semiannual Report (SAR) know, the Office of Inspector General (OIG) at the Tennessee Valley Authority (TVA) selects a theme for each SAR and this SAR is no different. Our theme for this edition is "Navigating Risk." In many ways, our theme for every SAR could be about...