McDonnell announces series of transportation audits
- April 19, 2010
Gov. Bob McDonnell announced Monday that independent audits will be conducted of Virginia’s transportation agencies.
McDonnell said the audits are necessary before finding new revenue streams to bolster Virginia’s transportation network.
“Before we can talk about revenues or additional investments of public and private capital into our highways, work is needed to improve public confidence in our ability to manage our current transportation dollars,” McDonnell said in a statement.
McDonnell says the audits will find ways to improve efficiencies at the Virginia Department of Transportation and other transportation state agencies.
Reviews currently underway include:
- A review by the Joint Legislative Audit and Review Committee on Virginia’s planning and programming activities.
- A performance audit of VDOT’s operations and maintenance practices by Cherry, Bekaert and Holland.
- A review of the Virginia Transportation Research Council’s research programs by the Federal Highway Administration’s Turner Fairbanks Highway Research Center.
- A review by KPMG Corporate Finance of the Virginia Public-Private Transportation Act to create standardized goals and processes for public-private projects.
McDonnell said the reviews will cost less than $500,000.