Semiannual Report

I am pleased to submit this semiannual report on the accomplishments of TVA’s OIG for the six-month period ending March 31, 2001.This reporting period has continued to reflect significant change for the OIG. Since my appointment as the Inspector General in August 2000, we have implemented a number of initiatives designed to enhance OIG performance and to ensure alignment of our goals and objectives with the needs of our stakeholders. We are currently undertaking development of a comprehensive strategic plan and have articulated an OIG vision of . . . illuminating today’s challenges and tomorrow’s solutions. We believe this vision will lead us not only to perform our traditional roles, but to identify emerging trends and challenges with potential impact on TVA and to offer solutions to our stakeholders.On November 1, 2000, the President signed Public Law 106-422 designating the position of TVA Inspector General as presidentially appointed. I view this legislation as a strong step designed to ensure the TVA Inspector General is independent in appearance as well as in fact.I appreciate the support TVA’s Board of Directors has demonstrated on behalf of the OIG since my arrival. The Board has repeatedly affirmed its view that the office is independent and plays a vital role in promoting economy and efficiency within the agency. During the semiannual period, the Board approved an increase in the TVA OIG budget. This increase will permit me to enhance OIG technology, improve infrastructure, and increase the OIG staff for the first time in 13 years. This reverses a trend of declining OIG budgets and marks a near return to staffing levels existing in 1997.During the next six months, we will continue our strategic planning process and implement changes in the OIG’s structure and processes as warranted. In addition, I look forward to continuing and enhancing the relationships I have established with OIG stakeholders during my tenure as the TVA Inspector General.Sincerely,Richard F. Chambers