Calendar Year 2020

Audit of Bonneville Power Administration Fish Hatchery Projects, OAS-L-09-15

The Government Performance and Results Act of 1993 (Results Act) was enacted to improve program effectiveness and to provide decision makers with objective and reliable performance information. The Department of Energy (Department) establishes it performance goals for the year in its Congressional Budget Justification. For Fiscal Years (FY) up to and including 2006, the Department reported its annual performance results in conjunction with its consolidated financial statements.

In the rarly 1980's, the Department of Energy (Department) guaranteed a $1.5 billion loan for the construction of a facility for converting coal into synthetic natural gas near Beulah, North Dakota. After about a year of operations, the developers of the Great Plains Synfuels Plant (Plant) experienced financial difficulties and defaulted on their loan. The Department repaid the lender and operated the facility from 1985 through 1988.

The Cooperative Audit Strategy, was developed by the Office of Inspector General, in consultation with the Office of the Chief Financial Officer, CFO, the Office of Procurement and Assistance Management.

The Office of Management and Budget Bulletin No. 07-04 (Bulletin), "Audit Requirements for Federal Financial Statements," dated September 4, 2007, amended august 25, 2008, requires an annual audit of civilian payroll of executive departments and other Government agencies. Auditors are required to follow the agreed-upon procedures in Section 11 of the Bulletin to assess the reasonableness of life insurance, health benefits, and retirement with holdings and contributions.