National Flood Insurance Program: Progress Made on Contract Management but Monitoring and Reporting Could Be Improved

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By Daniel Garcia-Diaz (au)
Year: 2014
Pages: 38
Binding Paperback
ISBN 978-1-4578-5332-6

Product Code: 1457853329

Description

In operating the National Flood Insurance Program (NFIP), the Federal Emergency Management Agency (FEMA) spends hundreds of millions of dollars annually on contractors that perform critical functions. The Biggert-Waters Flood Insurance Reform Act of 2012 mandates this review of the three largest contractors used in administering NFIP. Prior reports found problems with FEMAäó»s oversight of contractors responsible for performing key NFIP functions. This report examines (1) FEMAäó»s progress in updating its process for monitoring NFIP contractors since GAOäó»s prior reports; and (2) the extent to which FEMA followed its monitoring process for the largest NFIP contractors. Tables and figures. This is a print on demand report.

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