Posted on 11/05/2013 4:42:40 PM PST by Nachum
The Department of Energy withheld troubling cost and performance data on a major stimulus award from a federal watchdog before the company servicing the award went bankrupt, according to a report released on Tuesday.
The report focuses on the department’s handling of a pair of federal awards worth about $126 million for ECOtality, a San Francisco-based green energy company that declared bankruptcy in September.
DOE’s inspector general, which authored Tuesday’s report, released an audit in July that expressed concerns about the department’s management of ECOtality’s $100 million stimulus award for the installation of electric vehicle charging stations.
The report revealed that DOE officials neglected to inform the IG in July of material concerns about cost overruns and project shortfalls involving ECOtality’s stimulus award.
“There was adequate opportunity for the Department to provide information about its concerns regarding ECOtality’s ability to meet project objectives prior to the time the Office of Inspector General audit report was finalized,” the report stated.
(Excerpt) Read more at freebeacon.com ...
The list, Ping
Let me know if you would like to be on or off the ping list
More transparency from the most ethical and transparent administration ever.
bump
5.56mm
Right after Steve King stops pimping for wind subsidies in Iowa.
It’s about time.
Another completely useless agency. Taxpayers have given them some $50 billion to dispose of nuclear waste and decades later they haven’t moved an ounce.
So many people should be in prison. It is a sad comment on the politicians and their supporters that they aren’t there. Feckless and compromised “leaders” and “authorities”, I guess. So sad for Freedom and for America.
Two words: money laundering
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Another taxpayer financed green energy firm goes bust
Global Warming on Free Republic
They installed charging stations all along I5 in Washington and Oregon, have yet to see anyone use one of them.
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