At the request of the Tennessee Valley Authority (TVA) Supply Chain, the OIG examined the cost proposal submitted by a company for construction services for TVA bottom ash dewatering facilities. Our objective was to determine if this company's cost proposal was fairly stated for a planned $100 million contract. In our opinion, the company's cost proposal was overstated. Specifically, the company's cost proposal for the Kingston Fossil Plant (KIF) baseline project included overstated fees and costs. We estimated TVA could avoid about $4.5 million on the $100 million contract by (1) negotiating reductions to the proposed fee rate and only applying fee to costs specified in TVA's request for proposal, and (2) revising the KIF baseline project estimated costs to eliminate unsupported engineering costs and reflect the correct markup rates. Additionally, we found the company's cost proposal included incorrect craft labor rates.(Summary Only)
Report Date | Agency Reviewed / Investigated | Report Title | Type | Location | |
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Tennessee Valley Authority | Proposal for Construction Services for TVA Bottom Ash Dewatering Facilities | Audit | Agency-Wide | View Report | |
Department of Housing and Urban Development | The Lubbock Housing Authority, Lubbock, TX, Had Weaknesses in Managing Its Capital Fund Program Operations | Audit |
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View Report | |
AmeriCorps | VISTA Project Ended After Duplication of Service | Investigation |
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View Report | |
Social Security Administration | Disabled Beneficiaries Receiving Direct Payments Who Previously Had a Representative Payee | Audit | Agency-Wide | View Report | |
U.S. Postal Service | Establishing New Retail Access Points | Audit | Agency-Wide | View Report | |
Department of Defense | USSOCOM Needs to Improve Management of Sensitive Equipment | Audit | Agency-Wide | View Report | |
Environmental Protection Agency | Additional Measures Can Be Taken to Prevent Deaths and Serious Injuries From Residential Fumigations | Audit | Agency-Wide | View Report | |
Millennium Challenge Corporation | Risk Assessment of the Millennium Challenge Corporation's Fiscal Year 2015 Charge Card Programs | Audit |
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View Report | |
Federal Housing Finance Agency | Update on the Status of the Development of the Common Securitization Platform (REDACTED) | Other | Agency-Wide | View Report | |
Pension Benefit Guaranty Corporation | OIG Risk Advisory and Management’s Response - Required Disclosures by Technical Evaluation Panel | Other | Agency-Wide | View Report | |