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Date Issued
Submitting OIG
Tennessee Valley Authority OIG
Other Participating OIGs
Tennessee Valley Authority OIG
Agencies Reviewed/Investigated
Tennessee Valley Authority
Report Number
2014-15042
Report Description

As part of the OIG's annual audit plan, we audited costs billed to the Tennessee Valley Authority (TVA) by Geosyntec Consultants, Inc., for professional environmental services under Contract No. 00050771. Our audit included $6 million in costs paid by TVA between November 14, 2011, and May 1, 2014. Our objective was to determine if the costs billed to TVA were in compliance with the contract terms and conditions. In summary, we determined Geosyntec overbilled TVA $162,307, including (1) $95,425 in travel costs and (2) $66,882 in miscellaneous expenses. Additionally, we found Geosyntec (1) did not obtain advance written approval from TVA's Contracting Officer for $333,556 in subcontract costs billed and (2) billed TVA $32,386 using lump sum pricing provisions not provided for in the contract. Summary Only

Report Type
Audit
Agency Wide
Yes
Questioned Costs
$0
Funds for Better Use
$0

Tennessee Valley Authority OIG