We audited the cost billed to TVA by a contractor for performing preheat and post-weld heat treatment services and found the contractor (1) had billed certain tasks at lump sum prices instead of using the time and material billing rates provided for by the contract and (2) overbilled or could not provide support for $1,350 that had been billed as time and material.We recomended TVA Supply Chain Management ensure the (1) contract documents how Procurement Agents will determine whether to use time and materials pricing or fixed prices for task assignments, and (2) Procurement Agents maintain documentation of how TVA assessed the reasonableness of the price for any work performed as fixed price. Additionally, we recommended TVA recover the $1,350 of overbilled/unsupported cost.
| Report Date | Agency Reviewed / Investigated | Report Title | Type | Location | |
|---|---|---|---|---|---|
| Tennessee Valley Authority | Contract for Performing Preheat and Post-weld Heat Treatment Services | Audit | Agency-Wide | View Report | |
| Federal Deposit Insurance Corporation | Audit of Information Technology Controls in Support of the FDIC's Funds' 2008 and 2007 Financial Statements Audit | Audit | Agency-Wide | View Report | |
| AmeriCorps | Audit of the Financial Management Survey Responses of New Grantees | Audit | Agency-Wide | View Report | |
| Federal Deposit Insurance Corporation | Material Loss Review of 1st Centennial Bank, Redlands, California | Audit |
|
View Report | |
| Peace Corps | Evaluation of Peace Corps/Belize | Inspection / Evaluation | Agency-Wide | View Report | |
| Office of Personnel Management | Audit of the Information Technology Security Controls of the U.S. Office of Personnel Management's Integrated Security Management System FY 2009 | Audit | Agency-Wide | View Report | |
| AmeriCorps | Evaluation of the Fiscal Year 2008 Budget Process | Inspection / Evaluation | Agency-Wide | View Report | |
| Office of Personnel Management | Audit of Long Term Care Partners - Portsmouth, New Hampshire | Audit | Agency-Wide | View Report | |
| Office of Personnel Management | Audit of the Federal Employees Health Benefits Program Operations of Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc. | Audit | Agency-Wide | View Report | |
| Office of Personnel Management | Audit of Kaiser Foundation Health Plan Hawaii Region - Honolulu, Hawaii | Audit | Agency-Wide | View Report | |
