OMB Details Proposed Recovery Act Reporting
The Office of Management and Budget today issued the proposed data elements that would be required for recipient reporting on projects funded under the American Recovery and Reinvestment Act.
OMB is proposing four basic sets of data. Grant recipients would provide fairly standard information about themselves and their Recovery Act award. They would also have to describe the funded project or activity and its current status.
Things get a little more complicated in the third and fourth sets of required data elements. Recipients would have to provide detailed information about their subrecipients, including, for example, the entity’s DUNS number and organization type. But OMB is also proposing that recipients list the total amount of funding awarded, as well as the total amount they expect to give to the subrecipient over the course of the project, among other things. One interesting requirement being proposed by OMB is that recipients list the names and salaries of the five most highly compensated officers of the entity, if that information is not otherwise available to the public.
Comments on the proposed data elements are due May 1. To view the proposed data elements, click here.
You can learn more about the Recovery Act and its impact on federal grants administration at our Federal Grants Update 2009 seminars, which are now running in locations around the country. Click here for additional information.