Audit Report: OAS-M-05-07

Management Controls over the Technology Transfer and Commercialization Program at the Idaho National Laboratory

Office of Inspector General

June 13, 2005

June 13, 2005

Management Controls over the Technology Transfer andCommercialization Program at the Idaho National Laboratory

Bechtel BWXT Idaho, LLC (Bechtel) did not (a) properly account Financial Controls for royalties due from licensing activities, and (b) track technology transfer-related costs to ensure that they did not exceed the contractually-imposed administrative limit.