Federal Reports

We found no instance where TVA's external auditors' reviews of TVA interim financial information for the second quarter of FY 2005 did not comply with Government Auditing Standards in all material respects, including required communications to appropriate parties.<br><br>

The audit objectives were to determine whether program funds were managed in accordance with the ARC and Federal grant requirements

We reviewed $109.8 million in costs paid by TVA to a contractor for providing engineering services associated with the restart of Browns Ferry Nuclear Plant (BFN) Unit 1. We questioned $2.5 million, including (1) the contractor's inclusion of the labor costs of its affiliate company in its performance base and (2) overcharges for labor and related costs and other direct costs. TVA decided to (1) allow the contractor to include the labor cost of its affiliate in its performance fee base and (2) recover any remaining costs that were not directly billable under the contract. Summary Only

The audit objectives were to determine whether program funds were managed in accordance with the ARC and Federal grant requirements

Peer Review of FLRA OIG 2005

J-1 Visa Waiver program provides a waiver of the requirements for foreign physician to return to his/her home country after completion of Medical training.