The Improper Payments Information Act

A Strategy for Reducing Improper Payments in Governmental Programs and Activities

The President's Management Agenda of FY 2002 included a financial management objective to establish a government-wide initiative on the extent of improper payments (P.L. 107-300-Improper Payments Act).

The Improper Payments Act requires agencies to:

Review programs and activities annually
Identify those that are susceptible to significant improper payments
Estimate annual improper payments, using acceptable statistical methodologies.

Programs and activities with significant improper payments are required to:

Determine the cause of improper payments
Implement corrective measures
Measure their progress in reducing improper payments
Report such progress to Congress, OMB, and agency heads

How We Can Assist Agency Program Managers

Comprehensive implementation assistance
Development of funds control plans for program and activities
Analysis and documentation of funds control processes
Development and implementation of statistical and econometric testing models
Assistance with advance data mining tools and techniques
Development and implementation of comprehensive recovery audit plans
Assistance with implementation of internal controls and other risk mitigation measures

Some of Our Relevant Experience

Conducted two large nation-wide Project-based Billing Study of Section 8 Projects, under the Improper Payments Information Act of 2002 for HUD
Conducted several Contractor Assessment Reviews (CARS) for Ginnie Mae
Conducted several Financial Management Oversight reviews for the Federal Transit Administration
Conducted numerous grant and contract recovery audits for agencies such as the National Science Foundation, the District of Columbia government, the Department of State, and others
Conducted Large-Scale Risk-Based Monthly Compliance Reviews of Single Family Management and Marketing Contractors (M&M) under HUD's Single Family Acquired Asset Disposition Program
Conducted Audits of HUD Preservation Offices' M2M Restructuring activities
Conducted compliance reviews of Rehabilitation Escrow Administrator's accounts under HUD's Mark-to-Market Program