January 22, 2003

Review of the Department's Administration of Financial Instruments

The purpose of this report is to inform you of the results of our review of the Department of Energy's (Department) administration of financial instruments. The review was initiated in September 2002 and fieldwork was conducted through December 2002 at Department Headquarters, the National Energy Technology Laboratory (NETL) and the Oak Ridge National Laboratory (ORNL). Our methodology is described in the attachment to this report.