ASSET REGISTRY
Overhaul of the Federal Emergency Management System
/resources/overhaul-of-the-federal-emergency-management-system
The transformed FEMA system could shift disaster recovery from federal micromanagement to direct funding, state-led execution, and data-driven accountability. This Govstar resource explains the core focus areas of the proposed model, including RAPID direct funding, FAIR individual assistance, parametric triggers, performance-based federal shares, licensed professional cost estimates, presumption of accuracy, Independent Cost Estimates, centralized asset registries, insurance integration, obtain-and-maintain audits, declaration threshold changes, R3P mitigation, NFIP privatization, overhead caps, local audits, and reduced contractor dependence. **Character count:** ~654 characters.