NASHVILLE, Tenn. - Nashville Electric Service President & CEO Decosta Jenkins discussed today his plans to make improvements within the organization based on recommendations provided in a State Comptrollers Office audit. Some changes at NES have already been made, and several other policy and procedural modifications are in the works in response to those findings.
NASHVILLE, Tenn. – Nashville Electric Service President & CEO Decosta Jenkins discussed today his plans to make improvements within the organization based on recommendations provided in a State Comptrollers Office audit. Some changes at NES have already been made, and several other policy and procedural modifications are in the works in response to those findings. The following items have already gone into effect: Stricter travel reimbursement policy. Stronger policies and procedures to ensure the propriety of credit card purchases. Regular random reviews of NES credit card accounts to ensure charges are accurately reported. Process through which hospitality items such as hotel rooms or amusement tickets are tracked and donated to charity. Prohibiting the purchase of alcohol. Revised polices regarding bidding on NES contracts where multiple possible bidders are identified. Actively seeking restitution from a few employees who filed improper claims for education reimbursement. Other areas that NES plans to address as soon as possible include: Improving equipment inventory procedures and segregating duties related to purchasing, installing and tracking computer equipment. Revising power cable specifications to ensure that competitive bidding occurs whenever possible for cable purchases. The recommendations from the State Comptrollers Office have helped us look at our organization and strengthen NES going forward, said NES President & CEO Decosta Jenkins. Our goal is to be transparent, open and honest with our customers. We understand from the State that there is no finding of criminality, and that no further action will be taken by the TBI or District Attorney. NES is one of a few public power utilities in the U.S. to receive AA++ bond ratings, which reflect a strong operating performance and sound financial practices. In addition, NES is one of just six electric utilities in the nation to receive the Reliable Public Power Providers Diamond status for reliability and safety from the American Public Power Association. Nashville Electric Service is one of the 12 largest public electric utilities in the nation, distributing energy to more than 360,000 customers in Middle Tennessee. For more information about NES, visit www.nespower.com.
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