Pressures On, Inc

We audited $2.2 million in costs billed to TVA by Pressure's On, Inc. (POI), for providing vacuuming services at TVA's fossil and nuclear plants. Our objective was to determine if POI had billed TVA in accordance with the contract terms and conditions. In summary, we determined POI had overbilled TVA $686,466 including:$257,807 in unsupported costs related to (1) missing cost details and (2) labor.$6,789 in duplicate billings.$41,123 due to the use of incorrect billing rates.$386,176 of ineligible costs for (1) mobilization/demobilization, (2) per diem, (3) labor escalation, (4) equipment and materials, and (5) fuel surcharges.Credit for $5,429 in discounts that had been provided by POI.We recommend TVA management recover $686,466 in overbilled costs from POI. Summary Only