; (ii) produce statistically valid improper payment error rates, statistically valid improper payment dollar estimates, and appropriate confidence intervals for both; and (iii) in meeting clauses (i) and (ii), take into account the size and complexity of the transactions being sampled. (2) With regard to identifying programs susceptible to significant improper payments, conduct a risk assessment that complies with the Improper Payments Elimination and Recovery Act of 2010 ( Public Law 111–204 ) and the amendments made by that Act (in this section collectively referred to as IPERA ). (3) With regard to reducing improper payments, establish procedures that produce corrective action plans that— (A) comply fully with IPERA and associated Office of Management and Budget guidance, including by holding individuals responsible for implementing corrective actions and monitoring the status of corrective actions; and (B) are in accordance with best practices, such as those recommended by the Chief Financial Officers Council, including by providing for— (i) measurement of the progress made toward remediating root causes of improper payments; and (ii) communication to the Secretary of Defense and the heads of departments, agencies, and organizations and elements of the Department of Defense, and key stakeholders, on the progress made toward remediating the root causes of improper payments. (4) With regard to implementing recovery audits for improper payments, develop and implement procedures to— (A) identify costs related to the recovery audits and recovery efforts of the Department of Defense