Management Challenges at the Department of Energy – Fiscal Year 2025
November 25, 2024
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November 20, 2024
Management Challenges at the Department of Energy – Fiscal Year 2025
As the top management challenge, the Office of Inspector General (OIG) continues to highlight the significant risks posed by the Infrastructure Investment and Jobs Act, Inflation Reduction Act, and the Puerto Rico Energy Resilience Fund.
In part because of these risks, the OIG identified approximately $1 billion in potential savings and recoveries at the Department of Energy in fiscal year 2024. Notably, because only about 4 percent of the OIG’s recommendations were readily monetized, the value the OIG provided to the Department far exceeded that $1 billion.
Preventing fraud, waste, and abuse in connection with the Infrastructure Investment and Jobs Act, Inflation Reduction Act, and the Puerto Rico Energy Resilience Fund will be extremely difficult absent additional funding for the OIG.