Triennial Assessment of TVA, FY's 1980-1982
RCED-83-123
Published: Apr 15, 1983. Publicly Released: Apr 15, 1983.
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Highlights
GAO reported on its work at the Tennessee Valley Authority (TVA) during fiscal years 1980 through 1982 and evaluated TVA compliance with prior GAO recommendations.
Recommendations
Matter for Congressional Consideration
| Matter | Status | Comments |
|---|---|---|
| If Congress wants to maintain its historical periodic oversight every 4 to 7 years of raising the TVA debt ceiling, it will need to reduce the current borrowing authority. |
Closed – Not Implemented
|
Congress did not consider this a high priority during the 98th Congress nor does it appear that it will be a high priority during subsequent Congresses. |
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| Tennessee Valley Authority | The Board of Directors, TVA, should take necessary actions to: (1) ensure that the procedures and controls for safeguarding tagged equipment and materials be brought under proper management controls; and (2) ensure the completion and issuance of agencywide procedures and guidelines to be used in deciding whether the design and construction should be done in-house or by private contractors along the lines GAO suggested in its March 15, 1982, report. |
Closed – Implemented
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
|
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