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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).
The three main goals of the Recovery Act as stated on the White House Recovery Web site are to: 1) create new jobs as well as save existing ones; 2) spur economic activity and invest in long-term economic growth; and 3) foster unprecedented levels of accountability and transparency in government spending [10].
22 mar 2010 · In order to better assess progress in implementing the Recovery Act, Section 1512 reporting requirements and to assist the RATB in its oversight, the Federal agencies are required to compile a comprehensive list of all awards subject to the Recovery Act, Section 1512.
Introduction: Recovery Act - Impact on Procurement. The American Recovery and Reinvestment Act of 2009 (Recovery Act) Pub. L. 111-5 enacted February 17, 2009. Establishes principals for transparency and accountability. Establishes requirements for Federal contracts and IAAs.
For assistance instruments, guidance for carrying out the reporting requirements included in Section 1512 of the American Recovery and Reinvestment Act of 2009 (Recovery Act). Supplement 1, List of Programs Subject to Recipient Reporting (PDF - 15 pages, 127 KB)
Section 1512 Reporting. Purpose and Scope. Enacted in response to a significant slowdown in the American economy and increased unemployment nationwide, the federal American Recovery and Reinvestment Act (Recovery Act) became law in February 2009. According to Public Law 111-5, the Recovery Act’s stated purpose is to:
17 gru 2009 · June 22, 2009 - OMB's Guidance On Recipient Reporting Requirements Under Section 1512 Of The American Recovery And Reinvestment Act Of 2009 (PDF) (41 pp, 550K, About PDF)