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American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds? Unprecedented...

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Page 1: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

American Recovery and Reinvestment Act (ARRA)

Page 2: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

American Recovery and Reinvestment Act (ARRA)

What is Different About ARRA Funds? Unprecedented levels of transparency, oversight and accountability

Aggressive expenditure requirements (ARRA funds must be

used consistently)

No co-mingling of ARRA funds and non-ARRA funds

Quarterly progress reporting of ARRA fund expenditures, job creation and retention statistics

Considerable ARRA reporting requirements Clarkson

Page 3: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

American Recovery and Reinvestment Act (ARRA)

Principal Investigator’s Responsibilities

• ARRA Compliance Expectations: Funds should be spent in a timely fashion and reported

quarterly Cannot co-mingle existing funds with ARRA funds Compliance with sponsor and Clarkson policies and

procedures Cost transfers between ARRA and non-ARRA funds will be

monitored closely to ensure compliance with ARRA regulations Reconcile P-cards timely

• ARRA reporting requirements are in addition to current sponsor reporting requirements

Page 4: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

American Recovery and Reinvestment Act (ARRA)

Principal Investigator’s Responsibilities (cont’d)

• The PI must report on two data elements each quarter to the DoR: The percentage of project completion Description of quarterly activities / milestones

Grants: description of the overall purpose and expected outcomes for the award and for first-tier sub-awards Contracts: description of significant services performed and/or supplies delivered

Page 5: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

American Recovery and Reinvestment Act (ARRA)

Progress Reports (cont’d)• Progress reports should be short, concise and for the current reporting quarter

• Progress reports will be made available on Recovery.gov for the general public to view

– Remember to use generic language whenever possible

– Narrative is limited to 2000 characters including spaces and punctuation

– Focus on your short term progress and what has been accomplished in the current reporting period

Page 6: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

American Recovery and Reinvestment Act (ARRA)

Progress Reports (con

–If there is a possibility that the research could result in a protectable Intellectual Property (IP), be careful to ensure that the progress report does not contain any information that could constitute “public disclosure”

Page 7: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

American Recovery and Reinvestment Act (ARRA)

Reporting Deadlines• Each quarter, the PI must submit all data

elements for each of their respective project/programs.

Next PI Reporting Deadline: December 18th, 2009

• DoR will assist in data collection & the Comptroller’s Office submit information to FederalReporting.gov

Page 8: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

American Recovery and Reinvestment Act (ARRA)

Page 9: American Recovery and Reinvestment Act (ARRA). What is Different About ARRA Funds?  Unprecedented levels of transparency, oversight and accountability.

Contact Information

Kimberly KlattResearch Compliance Officer

[email protected] ext. 4441

Donna MartellAssociate Comptroller

[email protected] ext. 7258

Kelly RathbunResearch Accountant

[email protected] ext. 6462


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