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Section 1512 – FAR Case 2009-009, American Recovery and Reinvestment Act – Reporting Requirements; Sections 1526(c)(4) and 1554 – FAR Case 2009-010, American Recovery
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).
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.
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)
Transparency, as defined by the White House, involves the publication of information (in as real-time as possible) that demonstrates fiscal accountability in how, where, when, and by whom, the money is spent. According to the White House, 1512 reporting requirements will answer important questions, such as:
SECTION 1. SHORT TITLE. This Act may be cited as the ‘‘American Recovery and Reinvest-ment Act of 2009’’. SEC. 2. TABLE OF CONTENTS. The table of contents for this Act is as follows: DIVISION A—APPROPRIATIONS PROVISIONS TITLE I—AGRICULTURE, RURAL DEVELOPMENT, FOOD AND DRUG ADMIN-ISTRATION, AND RELATED AGENCIES
This guidance implements the reporting requirements included in Section 1512 of the Recovery Act for recipients of grants, loans, and other forms of assistance. The reports required by Section 1512 will be submitted by recipients beginning in October 2009 and will answer important questions, such as: .
