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The fresh new Percentage shall create information so you can Executive companies towards the tips so you’re able to stop spend, swindle, and you can punishment based on Federal money

The fresh new Percentage shall create information so you can Executive companies towards the tips so you’re able to stop spend, swindle, and you can punishment based on Federal money

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Examining if reporting lower than area 3602 in the name meets appropriate standards and determine the goal of brand new Federal honor and you will methods regarding overall performance.

Decorating search, logical, and you can informative functions so you can Manager businesses, inspectors general, law enforcement providers, and you may suitable County bodies with regard to detection, cures, and you may prosecution regarding waste, scam, and you will discipline out of Federal loans.

Standardizing well-known analysis points and you will study reporting requirements to promote transparency and you may accountability getting Federal using, as needed by the section 3611 for the title.

Reviewing whether you can find appropriate elements to have interagency cooperation in accordance with Federal fund, in addition to coordinating and you may collaborating on the the total amount practicable into Council of your Inspectors General into the Integrity and you may Show based by the part 11 of one’s Inspector Standard Work from 1978 (5 You.S.C. ).

Brand new Percentage should daily submit to the new Chairman and you will Congress account on its audits of your own top-notch the data submitted to they lower than parts 3602, 3603, and 3604 of the identity.

New Percentage should complete semi-yearly records on the President and Congress, summarizing those activities and you can conclusions of the Commission and you will, in the Commission’s discernment, this new results out-of inspectors standard away from Administrator firms you to definitely relate solely to the newest Commission’s things in the revealing several months.

Not after than just five years following the productive time associated with chapter, the brand new Fee shall yield to the latest President, Congress, additionally the Comptroller General of the Us research which includes estimates of lead and you will indirect savings to the Treasury hit as a result of the Commission’s items.