Heavy Equipment Division (HED) Tools Control Analysis

We determined that HED appears to be following the policies and procedures set forth in their tool management policy for the distribution and reclamation of tools at the fossil plant sites. HED procedures and key control activities ensure that HED leased tools are adequately tracked and accounted for. However, the computer inventory tracking system does not accurately reflect HED tools available for lease, and documentation related to the disposal of tools and inventory adjustments could be improved. Management agreed with our findings and has taken or plans to take appropriate corrective actions.