New Audit Announcements
Audit Initiated of FHWA’s Oversight of Engineer’s Estimates
The Federal Highway Administration (FHWA) oversees more than $40 billion a year in Federal funding for thousands of highway and bridge projects. To apply for Federal funding, State Departments of Transportation (State DOTs) are required to submit a formal project agreement to FHWA for each proposed Federal-aid project, supported by a cost estimate, generally referred to as the Engineer’s Estimate. Inaccurate Engineer’s Estimates can lead to delays in delivery or inefficient use of funds and contribute to an overall deterioration of road and bridge conditions in any given State. Accordingly, we are initiating an audit to assess FHWA’s oversight of Engineer’s Estimates.