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Summary

On October 24, 2013, we issued a quality control review (QCR) report on the single audit performed by Vavrinek, Trine, Day & Co., LLP (VTD) on the Transbay Joint Powers Authority’s (the Authority) use of U.S. Department of Transportation (DOT) grants for the fiscal year ended June 30, 2012. During this period, the Authority, located in San Francisco, CA., expended approximately $123 million from DOT grant programs.  VTD determined that DOT’s major programs were the High-Speed Rail Corridors and Intercity Passenger Rail Service Program and the Federal Highway Planning and Construction Program. We limited the scope of our QCR to the High-Speed Rail Corridors and Intercity Passenger Rail Service Program because its expenditures were approximately 94 percent of the total DOT expenditures. We determined that VTD’s audit work was Acceptable, and therefore, met the requirements of the Single Audit Act, Office of Management and Budget’s (OMB) Circular A-133, “Audits of States, Local Governments, and Non-Profit Organizations,” and the DOT major program reviewed. We found nothing to indicate VTD’s opinion on the DOT major program reviewed was inappropriate or unreliable.