In about three months, the Treasury will launch the Do Not Pay list. The list will be used by agencies to confirm which companies are eligible to receive federal funds before awarding them a contract.
The list will also reduce improper payments to deceased citizens, debarred contractors, criminals and individuals found guilty of tax fraud.
According to the Kansas City Business Journal, the list consolidates information within and throughout multiple databases that are not regularly checked.
Jeff Zients, chief performance officer at the Office of Management and Budget, recently updated the list’s launch on his White House blog and said this central portal will provide agencies information they need to prevent payments to ineligible businesses and individuals.