Alan Hevesi
PER
Hevesi Alan Hevesi
Comptroller Alan Hevesi began systematically auditing the 700 or so authorities, corporations or other entities that borrow billions of dollars each year with little oversight or public notice. Mr. Hevesi has noted that nobody knows exactly how many contracts public authorities enter into annually or the exact dollar value and terms of those contracts. Mr. Hevesi also reported that while most authorities have procurement guidelines, they tended to ignore them when it was inconvenient or when a competitive process might have produced other than predetermined, desired results. Mr. Hevesi proposed that his office be allowed to oversee authority contracts, and gave examples of what happens when contracts are unsupervised. Alan Hevesi who is the comptroller, began systematically auditing the 700 or so authorities, corporations or other entities that borrow billions of dollars each year with little oversight or public notice. He audit unearthed many problems. One big problem is that which Mr Havesi has long complained about, involved the way authorities amass debt with little oversight.