PRESS RELEASE - Recovery.gov
WASHINGTON - Recipients of funds disbursed by federal agencies under the $787 billion economic recovery program will be able to register at a government website beginning Monday, Aug. 17.
State and local governments, contractors, universities, non-profits and others that have received a grant, loan or contract of $25,000 or more under the American Recovery and Reinvestment Act of 2009 are required to register on the website, www.FederalReporting.gov. Individual recipients of Recovery funds are not required to register or report.
Registration is the first step in a process that requires recipients to submit spending reports to FederalReporting.gov beginning Oct. 1. Recipients have until Oct. 10 to submit reports, which, among other things, should detail the amount of money they have received and spent, the project scope and timetable, and the number of jobs created. Thereafter, recipients must file quarterly status reports.
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