Date Issued
Report Type
Semiannual Report
Description
We are pleased to present our report for the period April 1, 2025, to September 30, 2025. In this semiannual period, our audit, evaluation, and investigative activities identified more than $31.4 million in questioned costs; funds to be put to better use; recoveries, fees, and savings; and opportunities for the Tennessee Valley Authority (TVA) to improve its programs and operations. This report also includes a feature, “40 Years of Making TVA Better,” that looks back at the last four decades—the environment TVA operated in each decade and the Inspectors General that lead our office as well as highlights some of the significant projects in each decade.
The national focus to be the leader in advancing nuclear technological innovation and artificial intelligence places TVA in a spotlight to drive and deliver additional energy sources that can both help meet growing energy demand in the Valley and set the standard for the utility industry. This requires due diligence in areas that are emerging and have significant consequence. As TVA navigates these unprecedented times, our office will continue providing independent and object oversight that promotes effective and efficient operations and prevents and detects fraud, waste, and abuse.
Joint Report
No
Agency Wide
Yes (agency-wide)
Questioned Costs
$1859830
Funds for Better Use
$0