B&W Pantex gets positive audit from IG

pantex1Generally speaking, B&W Pantex, the former fed contractor at the Pantex nuclear weapons plant in Texas, got a pretty positive look-back audit at the way it spent government funding. The audit of cost allowability during Fiscal 2013 through June 30, 2014 — the last performance period for the contractor — found no big issues in the way B&W accounted for spending federal dollars.

Overall, the contractor incurred and claimed costs totaling about $966 million. Of that total, there are still questions about $167,327, and that’s supposed to be resolved by the end of March.

The IG said nothing came to light that suggested the audit work performed by B&W could not be relied upon. The report added: “We did identify any material internal control weaknesses with the cost allowability audits, which generally met the Institute of Internal Auditors International Standards . . .”

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About Frank Munger

Senior Writer Frank Munger covers the Dept. of Energy's Oak Ridge facilities and many related topics — nuclear weapons, nuclear waste and other things nuclear, environmental cleanup and science of all sorts. Atomic City Underground is, first and foremost, a news blog, but there's room for analysis, opinion and random thoughts that have no place else to go.