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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.
“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 · 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).
Agencies are responsible for ensuring that their recipients report information required under the Recovery Act in a timely manner. The following award term shall be used by agencies to implement the recipient reporting and registration requirements in section 1512:
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:
24 wrz 2010 · The American Recovery and Reinvestment Act of 2009, P.L. 111-5 (“Recovery Act”) was signed into law by President Obama on February 17, 2009. As required by Section 1512 of the Recovery Act, thus far, recipients have provided data on the use of Recovery Act funding for four reporting periods.
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.
