Package Federal Contractor Payment Risk Assessments via GAO Data
- Organization
- Seven noncompliant federal agencies (DOL, Education, HHS, Treasury, USDA, IRS, CNCS)
- Sector
- Federal contractors to high-risk improper payment programs
- Location
- United States
Source reference
Executive summary
Current state
GAO report reveals OMB's statutory guidance responsibility for improper payment reporting under PIIA 2019, but OMB lacks enforcement power over seven noncompliant federal agencies, creating a $186B/year compliance gap that persists across FY 2021-2024.
Market catalyst
Federal contractors working with noncompliant agencies face payment delays and denials due to $186B/year improper payment systems, but lack visibility into their specific program-level risk exposure — creating demand for targeted risk assessments that translate GAO findings into actionable contractor intelligence.
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