Federal Reports

The Office of Inspector General (OIG) of the Federal Election Commission (FEC) contracted with Cherry, Bekaert & Holland, L.L.P. (CBH) to perform a follow-up audit of procurement and contract management policies and procedures used by the FEC and to determine whether the FEC is complying with the policies and procedures, and applicable federal acquisition laws and regulations. The previous audit was conducted by Regis & Associates, PC. and released in September 2009.

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

We completed agreed-upon procedures to assist the Center for Resource Solutions in determining TVA's compliance with the annual reporting requirements of CRS' Green Pricing Accreditation Program for the year ended December 31, 2010. The results of the procedures applied were provided to the Center for Resource Solutions. Summary Only