- Associated Press - Tuesday, June 16, 2015

TRENTON, N.J. (AP) - The Federal Transit Administration has not fully implemented the processes and internal controls it established for awarding and overseeing Superstorm Sandy funds, according to an audit made public Tuesday.

The audit conducted by the U.S. Department of Transportation’s Inspector General found the FTA’s risk-based oversight process was not adequately documented or consistently applied. It also found Hurricane Sandy reports often lacked evidence of FTA review or complete and accurate information.

While the FTA established some controls to reduce the risk of duplicating Hurricane Sandy reimbursements, such as informally coordinating with FEMA, the audit found the FTA has not formalized these controls to effectively respond to future emergencies.

The FTA has implemented formal reporting and tracking procedures for insurance proceeds that people receive, but it faces years of ongoing monitoring before settlements are reached. The audit found that could impact the final amount people are entitled to receive.

The audit made five recommendations to further develop and implement the processes FTA has established and document what actions it will take in regard to its Sandy funding and related activities. The FTA has agreed with four recommendations and partially concurred with the other recommendation.

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