We here the term “fraud, waste, and abuse” frequently and we ourselves use it often on these pages. The word “fraud” is well understood but what about the other two elements of this triad; waste and abuse? The GAO’s (Government Accountability Office) Yellow Book (i.e. Government Auditing Standards) includes the following definitions for Waste and Abuse.
Source: PNWC’s Government Contracting Update: What is “Waste and Abuse”?
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’
