Friday, June 6, 2008

No Fraud Found in Port of Seattle Contracts

An independent auditing firm found no evidence of fraud in the Port of Seattle’s contracts that it reviewed.

The audit by the firm of Moss Adams was in response to the December 20, 2007 performance audit of the Port of Seattle’s construction management and contracting programs by the Washington State Auditor’s Office.

Moss Adams reviewed more than 60 contracts from the Port, including large and small construction contracts and consultant contracts. “We found no instances of fraud,” Moss Adams auditor Laurie Tish noted in her briefing to the Port Commission on June 3, 2008. Moss Adams is under contract to the Port to perform independent audits of the Port’s finances and operations.

No comments: