matth
Well-known member
The Inspector General's findings on the use of stimulus funds for vehicle electrification. DOE agrees, and has already started making changes.
Results:
The Department could improve its financial management of the Program. Specifically, the
Department had not obtained and reviewed required financial and compliance audits and cost
reports for the Program's six for-profit recipients to determine the financial condition of the
recipients; the reasonableness of costs expended under their awards; and, the adequacy of
internal controls and compliance with laws and regulations.
http://energy.gov/sites/prod/files/OAS-RA-12-11.pdf" onclick="window.open(this.href);return false;
Results:
The Department could improve its financial management of the Program. Specifically, the
Department had not obtained and reviewed required financial and compliance audits and cost
reports for the Program's six for-profit recipients to determine the financial condition of the
recipients; the reasonableness of costs expended under their awards; and, the adequacy of
internal controls and compliance with laws and regulations.
http://energy.gov/sites/prod/files/OAS-RA-12-11.pdf" onclick="window.open(this.href);return false;