Date Issued
Report Number
2026-17658
Report Type
Other
Description
The Office of the Inspector General (OIG) performed the procedures, which were requested and agreed to by Tennessee Valley Authority management solely to assist management in determining the validity of the Winning Performance (WP)/Executive Annual Incentive Plan measures for fiscal year (FY) ending September 30, 2026. Tennessee Valley Authority management is responsible for the WP measures data provided. In summary, procedures applied by the OIG found the:
FY 2026 WP goals for the enterprise measures were properly approved. The TVA Board of Directors approved changes to the goals for the Strategic Business Unit Controllable Operating and Maintenance and Base Capital Spend Measure on August 20, 2026.
Actual FY to-date results for the enterprise measures agreed with the underlying support, without exception.
FY 2026 WP and EAIP payout percentages provided by the Enterprise Financial and Performance Reporting organization on November 4, 2026, were mathematically accurate and agreed with the Office of the Inspector General’s recalculation.
Joint Report
No
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0