LIPA faces flood of invoices for Sandy expenses
Photo credit: Kathy Kmonicek | Sandy was not a hurricane when it hit Long Island, but some policies include windstorm deductibles. Above, LIPA workers look at a tree limb that fell onto a power line on 19th Avenue in Sea Cliff. (Oct. 29, 2012)
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As the Long Island Power Authority faces what will surely be the most expensive restoration effort in its history -- with cost estimates approaching $800 million -- its measures for scrutinizing tens of thousands of invoices will be tested to the extreme.
LIPA says it is ready. It has beefed up its auditing staff, including the hiring of a director of internal audit, to scrutinize the expenses.
"The...
