PRAC and reviews relating to covered funds or the Coronavirus - - PowerPoint PPT Presentation

PRAC Overview

The PRAC is a little over 100 days old Our mandate in the CARES Act is broad:

• Conduct independent investigations, audits,

and reviews relating to covered funds or the Coronavirus response;

• Collaborate on audits and reviews relating to

covered funds with any Inspector General of an agency; and

• Provide support to relevant agency Inspectors

General in conducting investigations, audits, and reviews relating to the covered funds and Coronavirus response.

PRAC Overview

Our initial focus has been on developing a state-of- the-art website to achieve our Transparency mission; we plan to award a contract later this week for a vendor to build the website Our vision is:

• To be a force multiplier for the oversight

community as a whole

• Establish a leading-edge, data-driven analytics

capability to enhance oversight

• Develop innovative forums to engage the

public, academia and both ensure transparency of covered funds and enhance

• versight of those funds

PRAC Overview

To date, some of our key accomplishments:

• Developed and launched

pandemic.oversight.gov

• Held a virtual listening session with over a

dozen witnesses

• Recruited PRAC senior staff members
• Issued Top Management Challenges report
• Began weekly coordination meetings with

OMB to discuss data challenges and overcome barriers

• Developed mechanisms to seamlessly

coordinate oversight work across the federal, state and local government