ABSTRACT

Observations: Fiscal Year 2020 COVID-19 Federal Contracting   [open pdf - 0B]

From the Document: "Since the beginning of the novel coronavirus disease 2019 (COVID-19) pandemic, Congress has authorized more than $5 trillion1 to mitigate the effects of the pandemic. Numerous federal agencies have used a large portion of these funds to award contracts for critical goods and services to support federal, state, and local response efforts. In July 2020,2 the Government Accountability Office reported that contracting--while critical during emergencies--can also present unique challenges. Officials may face pressure to provide goods and services as quickly as possible, which can result in fraud and improper payments. Even in non-pandemic times, financial management controls and proper oversight of government contracts pose a challenge to federal agencies and programs. The substantial increase in funding for pandemic-related programs combined with the public's expectation that these funds get distributed quickly makes it more likely that these risks may occur. However, even in times of emergency, federal agencies must put controls in place to protect against fraud and ensure taxpayer dollars are spent effectively."

Publisher:
Date:
2021-08-04
Series:
Copyright:
Pandemic Response Accountability Committee
Retrieved From:
Pandemic Oversight: https://www.pandemicoversight.gov/
Media Type:
application/pdf
URL:
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