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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].
Reinvestment Act (Recovery Act) became law in February 2009. According to Public Law 111-5, the Recovery Act’s stated purpose is to: • preserve and create jobs and promote economic recovery, • assist those most impacted by the recession, • provide investments needed to increase economic efficiency by spurring
RECOVERY ACT. Housing Programs Met Spending Milestones, but Asset Management Information Needs Evaluation. What GAO Found. Almost all public housing authorities (PHA) met their spending deadlines for the Public Housing Capital Fund formula and competitive grant programs.
The Recovery Act aimed to stimulate the economy and create jobs. DOE received $6 billion in Recovery Act funds that it is using to clean up 17 sites contaminated by radioactive and hazardous wastes from decades of nuclear research and weapons production. The cleanup is primarily carried out by contractors.
The reporting requirements discussed in this fact sheet incorporate the supplemental requirements of OMB. First, Section 1512 requires recipients and sub-recipients to report on the nature of projects undertaken with Recovery Act funds, and the numbers of jobs created and retained.
by Section 1512 of the Recovery Act. Office of Management and Budget (OMB) guidance states that starting October 22, 2009, Federal agencies are to perform a limited data quality review of recipient information and notify the recipients of two key data problems—material omissions and significant reporting errors. Our
The Recovery Act projects included the development and deployment of a variety of fuel cell technologies including polymer electrolyte, solid oxide, and direct-methanol fuel cells in auxiliary power, back-up power, combined heat and power (CHP), lift truck, and portable-power applications.
