Office of the Inspector General Semiannual Report - Spring 2023

We are pleased to present our report for the period October 1, 2022, to March 31, 2023. In this semiannual period, our audit, evaluation, and investigative activities identified more than $41.4 million in questioned costs; funds to be put to better use; and recoveries, fees, and fines; and opportunities for TVA to improve its programs and operations. As TVA begins its 91st year, challenges lie ahead as demand increases and TVA strives to have net-zero greenhouse gas emissions by 2050. The mission of TVA remains steadfast and the TVA OIG remains steadfast in our mission to help TVA identify risks, find operational inefficiencies, and detect and prevent fraud, waste, and abuse for the benefit of the 10 million residents of the Tennessee Valley.