MTA Bus Company and New York City Transit: Selected Aspects of Vehicle Fuel Procurement and Use

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DIANE Publishing, 2010 - 21 pages
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This audit report determines whether New York City┐s Metropolitan Transportation Authority (MTA) Bus Co. and New York City Transit properly managed selected aspects of the procurement of diesel fuel for buses. The report concluded that aspects of bus diesel fuel procurement have been ineffectively managed by Transit. This is primarily due to Transit┐s decision to use a more costly type of fuel, jet/kerosene, rather than less costly diesel fuel. As a result, MTA Bus, and Transit respectively paid an estimated $7.6 million and $31.8 million more for diesel fuel than they should have between Oct. 2006 and Sept. 2009. In addition, this report concluded that MTA Bus lacks adequate assurances that a proper accountability exists for its fuel supply.
 

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