NYC Government Publication
Audit Report on the Compliance of P&O Ports North America, Inc. With Its Operating and Reimbursement Agreement (FN08-091A)
From an audit conducted on P&O Ports North America, Inc. (P&O), it was found that P&O made improper calculations and underpaid its fees to the Economic Development Corporation (EDC) and the City. However, P&O complied with the other major requirements of its agreement with the EDC, such as properly charging EDC the repair and security-service expenses. Recommendations have been made to address the negative findings.
- Agency
- Subject
- Report type
- Audit Report
- Date published
- 2008-12-16