OMB Aims to Clarify Recovery Act Reporting
On 22 June 2009, the Office of Management and Budget issued additional guidance intended to help recipients, pass-through entities, subrecipients, and federal agencies meet the reporting requirements of Section 1512 of the American Recovery and Reinvestment Act.
The guidance was issued as a memorandum to federal agencies, and is available at the OMB website .
From this site you can also download a list of the programs that are subject to the Recovery Act’s reporting requirements, as well as a sample Excel spread-sheet that can be used as a model for reporting.
The guidance addresses an array of issues, ranging from federal agencies’ oversight responsibilities and prime recipients’ responsibilities, to ensuring data quality and defining “jobs” for reporting purposes.
I’ll be posting more information about the new guidance very soon, but I wanted to give everyone a heads-up about the new release.