News, Awards & Updates

OMB Issues Additional Guidance on Some Recovery Act Requirements, Comments due June 22, 2009

Comments due no later than June 22, 2009

On April 23, the Office of Management and Budget published in the Federal Register federal government-wide interim final guidance and standard award terms for agencies to include in financial assistance awards as part of their implementation of particular sections of the American Recovery and Reinvestment Act of 2009. The text of the notice may be found here:

The sections of the Recovery Act that are the subject of this notice are the requirements of: recipients and subrecipients receiving financial assistance awards registering in the Central Contractor Registration (CCR) database; quarterly reports on project or activity status, subgrant and subcontract information; “Buy American” requirements that apply to certain iron, steel and manufactured goods; the wage rate requirements that apply to certain projects; and proper accounting and reporting of Recovery Act expenditures in single audits.

This document became effective on April 23, 2009. To be considered in preparation of the final guidance, comments on the interim final guidance must be received by no later than June 22, 2009.