Report on Hydroelectric Power and Related Activities, Missouri River Basin Project, Corps of Engineers (Civil Functions) and Bureau of Reclamation, Fiscal Years 1959 and 1960

GAO conducted an audit of hydroelectric power and related activities of the Corps of Engineers (Civil Functions), Department of the Army, and the Bureau of Reclamation, Department of the Interior, in the Missouri River Basin Project for the fiscal years 1959 and 1960. We reviewed the basic laws authorizing the activities, and the pertinent Legislative history to ascertain the purposes of the activities and their intended scope. We ascertained the policies and procedures adopted by the Corps and the Bureau and examined into their adequacy and effectiveness. We examined selected transactions to the extent we deemed appropriate with due regard to the nature and volume of transactions and the effectiveness of internal control including internal audits. Our examination of transactions was conducted at the Omaha, Nebraska, district office of the Corps of Engineers, at the Billings, Montana (Region 69, and Denver, Colorado (Region 7), regional offices, and the Casper, Wyoming, and McGook, Nebraska, project offices of the Bureau of Reclamation. Our verification work and the accompanying financial statements relate to the Missouri River Basin Project (including the Fork Peck Project) of the Bureau of Reclamation and the Fort Peck, Garrison, Oahe, Big Bend, Fort Randall, and Gavins Point projects of the Corps of Engineers. For power rate and repayment studies and other purposes, these Bureau and Corps projects are considered as parts of one comprehensive plan, which is referred t o as the Missouri River Basin Project. Other projects of the Corps of Engineers which are considered as part of the comprehensive Missouri River Basin Project, but do .not include power as a purpose, were excluded from our verification work and the accompanying financial statements.