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Search Tags: improper payments
Today's show focuses on a company that applies predictive analytics to saving agencies money on overpayments. Bill Lochtern, a director at Information Builders, gives a description of how his company has offered assistance to federal agencies to help reduce overpayments.
The Government Accountability and Transparency Board submitted its first report to President Barack Obama last week highlighting oversight and accountability initiatives that could be used by more agencies. The Recovery Board is testing a new site to bring together analytical and forensic tools to prevent and find waste, fraud and abuse.
Tags: management , budget , Campaign to Cut Waste , OMB , Jacob Lew , Recovery and Transparency Board , Government Accountability and Transparency Board , waste, fraud and abuse , Jason Miller , oversight
The Justice Department reported Monday that it has recovered nearly $9 billion in fraud against the government since the beginning of the Obama administration, a record three-year total.
The Association of Government Accountants recently released recommendations on how federal agencies can cut improper payments as a way to cut costs.
The White House says federal agencies stopped nearly $18 billion in improper payments in fiscal 2011. Danny Werfel, controller at OMB, explained how agencies did it.
Most of the fiscal 2011 reductions came from the departments of Education, Agriculture and Health and Human Services. The administration also announced new steps aimed at improving how agencies use suspension and debarment to deal with unreliable contractors and grant recipients.
The bill builds on a series proposals on improper payments, said Linda Springer, former OMB comptroller.
FEMA has recovered just $3 million of $643 million in potentially improper disaster relief aid since Hurricane Katrina. But its attempts to recoup the money are setting off one senator and threatening to erupt into a public relations snafu.
Tags: Hurricane Katrina , inspector general , FEMA , Richard Serino , Matt Jadacki , Maurice McTigue , George Mason University , disaster response , fraud , financial management , DHS , Emily Kopp , Mark Pryor , Senate Homeland Security and Governmental Affairs Committee
Tags: management , technology , Danny Werfel , OMB , Treasury , GSA , Association of Government Accountants , financial management , Financial Systems Integration Office , shared service providers , CFO , Intragovernmental transactions , AGA
President Obama will issue an executive order in the next week detailing steps agencies must take to reduce the amount of improper payments. OMB will set up a new online dashboard to track these expenditures, similar to the one for IT projects. Executive order also will implement stricter requirements for contractors to report overpayments.