ABSTRACT

Inspectors General and the Implementation of the Infrastructure Investment and Jobs Act [May 23, 2022]   [open pdf - 689KB]

From the Document: "The COVID-19 [coronavirus disease 2019] pandemic brought increased attention [hyperlink] to the risk of fraud and waste in large federal spending programs. Congress created substantial oversight [hyperlink] for pandemic programs, but many Members have expressed concern with reports of fraud in some programs. As the Biden Administration implements the bipartisan infrastructure bill (the Infrastructure Investment and Jobs Act [IIJA]; P.L. 117-58), which provides over $500 billion in new infrastructure spending, it has announced a more proactive approach to addressing potential fraud and waste. This approach includes an emphasis on risk management and increased engagement with inspectors general (IGs) to identify and address potential risks before they arise.[...] This Insight begins with a brief summary of the new guidance memorandum as it relates to IGs, followed by discussion of its broader link to enterprise risk management. Finally, the Insight identifies aspects of this issue that congressional stakeholders may wish to monitor."

Report Number:
CRS Insight, IN11933
Author:
Publisher:
Date:
2022-05-23
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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