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Brought to you by the Council of the Inspectors General on Integrity and Efficiency
Federal Reports
Report Date
Agency Reviewed / Investigated
Report Title
Type
Location
Department of the Treasury
Audit of the Financial Management Service's Fiscal Years 2007 and 2006 Schedules of Non-Entity Government-Wide
To obtain further information, please contact the OIG Office of Counsel at OIGCounsel@oig.treas.gov, (202) 927-0650, or by mail at Office of Treasury Inspector General, 1500 Pennsylvania Avenue, Washington DC 20220.
We investigated the amount of coal being left in barges after they were unloaded at the Cumberland Fossil Plant. Information provided by the barge company showed that from August 1, 2006 through July 31, 2007, TVA abandoned roughly 14,000 tons of coal per month. Based on the average cost per ton, including transportation costs, we estimated TVA lost over $6 million annually. Management advised they would review the cost effectiveness of using a contractor to clean out barges and they would issue an early Request for Proposals to attempt to negotiate language to provide for dedicated barges or clean out services.