Accountability for Consultants in Flood Insurance Program
New rules allow FEMA to terminate contracts with firms and lawyers who harm the flood insurance program. This aims to protect the program and its participants, ensuring funds are used efficiently and fairly. Citizens can expect greater transparency and security in flood insurance management.
Key points
FEMA can terminate contracts with entities acting detrimentally to the flood insurance program.
Terminated entities will not receive early termination payouts.
An appeal process will be established for terminated entities.
Status:
Expired
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