31 USC 3351 – Definitions
In this subchapter:
(1)
(2)
(A) has—
(i) published improper payments information with the annual financial statement of the executive agency for the most recent fiscal year; and
(ii) posted on the website of the executive agency that statement and any accompanying materials required under guidance of the Office of Management and Budget;
(B) if required, has conducted a program specific risk assessment for each program or activity that conforms with the requirements under section 3352(a);
(C) if required, publishes improper payments estimates for all programs and activities identified under section 3352(a) in the accompanying materials to the annual financial statement;
(D) publishes programmatic corrective action plans prepared under section 3352(d) that the executive agency may have in the accompanying materials to the annual financial statement;
(E) publishes improper payments reduction targets established under section 3352(d) that the executive agency may have in the accompanying materials to the annual financial statement for each program or activity assessed to be at risk, and has demonstrated improvements and developed a plan to meet the reduction targets; and
(F) has reported an improper payment rate of less than 10 percent for each program and activity for which an estimate was published under section 3352(c).
(3)
(4)
(A) means any payment that should not have been made or that was made in an incorrect amount, including an overpayment or underpayment, under a statutory, contractual, administrative, or other legally applicable requirement; and
(B) includes—
(i) any payment to an ineligible recipient;
(ii) any payment for an ineligible good or service;
(iii) any duplicate payment;
(iv) any payment for a good or service not received, except for those payments where authorized by law; and
(v) any payment that does not account for credit for applicable discounts.
(5)
(6)
(7)
(8)
Terms Used In 31 USC 3351
- Contract: A legal written agreement that becomes binding when signed.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- State: means a State, the District of Columbia, the Commonwealth of Puerto Rico, or any other territory or possession of the United States. See 1 USC 7