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In response to the severe economic crisis, the $787 billion American Recovery and Reinvestment Act (Recovery Act) became law in February 2009. The primary goal of this act was to create and save jobs and stimulate long-term economic growth.
Section 1512 of the Recovery Act required that recipients of any funds made available by appropriations under the Act submit quarterly reports on project progress to a newly estab- lished, independent Recovery Accountability and Transparency Board (Recovery Board).
23 kwi 2009 · This part establishes Federal Governmentwide award terms for financial assistance awards, namely, grants, cooperative agreements, and loans, to implement the cross-cutting requirements of the American Recovery and Reinvestment Act of 2009, Public Law 111-5 (Recovery Act).
“Recipient reports required by Section 1512 of the Recovery Act will answer important questions, such as: Who is receiving Recovery Act dollars and in what amounts? What projects or activities are being funded with Recovery Act dollars?
23 kwi 2009 · The Recovery Act requires GAO to do bimonthly reviews of the use of funds by selected states and localities. In this first report, GAO describes selected states' and localities' (1) uses of and planning of Recovery Act funds, (2) accountability approaches, and (3) plans to evaluate the impact of funds received.
Section 1512(e) of the law requires the Congressional Budget Office (CBO) to comment on the reports filed by certain recipients of funding under ARRA that detail how many jobs were created or retained through funded activities.
17 gru 2009 · This guidance supercedes the following memoranda: October 2, 2009 - Supplemental Guidance To Regions On Recovery Act Recipient Reporting (Section 1512) Of The American Recovery And Reinvestment Act Of 2009 (PDF) Sample Excel reporting template (MS Excel)