Tennessee Valley Authority
Consistent with the Payment Integrity Information Act of 2019, the Tennessee Valley Authority has determined that none of its programs or activities are susceptible to significant improper payments.
Show full executive summaryRecovery information
Please note: Overpayment amounts recovered are reported in the year they were recovered, not the year they were identified. Therefore it is possible in some years to have a recovery rate greater than 100%.
| Overpayment amount identified through recovery activities | $0.52 M |
| Overpayment amount recovered through recovery activities | $0.51 M |
| Recovery activities recovery rate | 98.08 % |
| Overpayment amount identified through recovery audits | $0.93 M |
| Overpayment amount recovered through recovery audits | $0.9 M |
| Recovery audit recovery rate | 96.77 % |
| Overpayment amount identified for recapture | $1.45 M |
| Overpayment amount recovered | $1.41 M |
| Overpayment recovery rate | 97.24 % |
Conditions giving rise to improper payments identified in recovery audits, how those conditions are being resolved, and the methods used to recover those payments
The majority of the items were payments on returned items or duplicate invoice submissions. There were also several items where the agency was billed charges in error. Either refund checks were secured or credit memos were entered to offset invoice payments.
Why recovery audits are not cost effective in certain programs
For Payroll, management reviews and approves all time changes prior to payments being made. Additionally, the program's strong control environment precludes significant overpayments. Regarding the Credit Card Program, the agency leverages controls to help prevent overpayments. Merchant Category Codes manage where the credit card can be utilized. The credit card also maintains two different spend controls. The first is on the transaction, and the second is on the card's total available spend. Finally, the agency's account has a maximum spend threshold at the contract level, which is managed by the credit card merchant.
| Recovery audit amount identified this reporting period that remains outstanding | $0.02 M | ||||
| Recovery audit amount rate outstanding | 2.15 % | ||||
| Recovery audit amount this reporting period that remains outstanding for 0-6 months | $0.0 M | ||||
| Recovery audit amount identified this reporting period that remains outstanding for 6 months to 1 year | $0.02 M | ||||
| Recovery audit amount identified in this reporting period determined not collectible during this reporting period | $0.0 M | ||||
| Recovery audit rate identified in this reporting period determined not collectible during this reporting period | 0 % | ||||
Supplemental Information
The Tennessee Valley Authority currently does not utilize the Do Not Pay Initiative as part of its processes.
The Working System has not reduced/prevented improper payments:
The Working System strives to maintain accurate data. However, the past year, TVA has identified incorrect information in the Working System .
TVA was found compliant during the most recent PIIA compliance review.
Show full list of compliant programs 
Compliant programs:
- Charge Card Program - Tennessee Valley Authority
- Payroll Program - Tennessee Valley Authority
- Supply Chain
| Program name | When was the last improper payment risk assessment conducted? | Likely to be susceptible to significant improper payments? | Substantial changes made to the assessment methodology used for the reporting cycle |
|---|---|---|---|
| Charge Card Program - Tennessee Valley Authority | 2024 |
 No
|
|
| Payroll Program - Tennessee Valley Authority | 2024 |
No
|
|
| Supply Chain | 2025 |
No
|
Tennessee Valley Authority is subject to Sarbanes-Oxley requirements and maintains an extensive control environment which is audited regularly by internal and external auditors. Our financial statements are filed with the Securities and Exchange Commission, and our external auditor provides an opinion on whether the financial statements are presented in conformity with U.S. GAAP. Additionally, the Office of Inspector General audits the work of the external auditor.