Contingency Operation and Emergency Oversight Act of 2011

[AI summary unavailable — showing source text] Contingency Operation and Emergency Oversight Act of 2011 - Establishes the Office of the Special Inspector General for Overseas Contingency Operations (OSIG-OCO), headed by a Special Inspector General (SIG), who shall conduct, supervise, and coordinate audits and investigations of the treatment, handling, and expenditure of amounts appropriated for overseas contingency operations, and of the programs, operations, and contracts carried out with such funds, in order to prevent and detect waste, fraud, and abuse. Directs the SIG to appoint an Assistant Special Inspector General for Auditing and another for Investigations. Requires such audits and investigations to include activities funded or undertaken outside the United States, by the Department of Defense (DOD) and either the Department of State or U.S. Agency for International Development (USAID), to: (1) build or rebuild physical infrastructure; (2) establish a political, security, or societal institution; (3) provide products or services to people of a foreign country; and (4) respond to emergencies, destabilization, armed conflict, or other circumstances requiring rapid response. Directs the SIG to report to Congress on the ob…