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This document details the procedures and processes at the University of Alaska Anchorage for compliance with managing awards under the American Recovery and Reinvestment Act (ARRA), including responsibilities,
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How to fill out Processing and Management of ARRA Awards
01
Gather all relevant documentation related to the ARRA award.
02
Review the specific guidelines and requirements outlined for managing ARRA awards.
03
Prepare a budget that aligns with the ARRA standards.
04
Complete the necessary forms accurately, ensuring all required fields are filled out.
05
Submit the completed forms and documentation to the appropriate agency.
06
Maintain records of expenditures and progress reports as required by ARRA guidelines.
07
Regularly monitor and evaluate the project to ensure compliance with ARRA regulations.
Who needs Processing and Management of ARRA Awards?
01
Organizations or entities receiving ARRA funding.
02
Project managers overseeing the use of ARRA awards.
03
Financial officers responsible for budgeting and reporting.
04
Grant administrators managing compliance and documentation.
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People Also Ask about
Where did ARRA funds go?
The General Services Administration (GSA) received $5.5 billion of ARRA funds to convert federal buildings to high-performance green buildings and to build new energy-efficient federal offices, courthouses and land ports of entry. Over $591 million was spent in the Pacific Rim Region.
What is the purpose of ARRA?
The American Recovery and Reinvestment Act of 2009 (ARRA) was fiscal stimulus legislation passed by the U.S. Congress to alleviate the Great Recession of 2008. It included a wide range of federal spending initiatives aimed at improving the economy, from creating new jobs to relieving the tax burden on working families.
What is the purpose of the ARRA?
The American Recovery and Reinvestment Act (ARRA) — more commonly known as the stimulus package of 2009 or the Obama stimulus — was a massive injection of federal spending into the economy, intended to create new jobs and restore jobs lost in the Great Recession of 2008.
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What is Processing and Management of ARRA Awards?
Processing and Management of ARRA Awards refers to the procedures and practices involved in overseeing, administering, and reporting on the use of funds provided through the American Recovery and Reinvestment Act (ARRA). This includes ensuring compliance with federal regulations, accurate reporting of expenditures, and tracking the impact of the awarded funds.
Who is required to file Processing and Management of ARRA Awards?
Entities that receive federal funding through ARRA, including state and local governments, non-profit organizations, and certain private sector organizations, are required to file Processing and Management of ARRA Awards. This includes both recipients and subrecipients of ARRA funds.
How to fill out Processing and Management of ARRA Awards?
To fill out Processing and Management of ARRA Awards, recipients must gather the required data about their financial activities related to the ARRA funding, follow the designated reporting formats and timelines provided by federal agencies, ensure accuracy in financial reporting, and submit the reports through the specified online financial management systems.
What is the purpose of Processing and Management of ARRA Awards?
The purpose of Processing and Management of ARRA Awards is to ensure that federal funds are used effectively and appropriately to stimulate economic activity, create jobs, and support projects aimed at restoring economic stability. It also aims to ensure transparency and accountability in the use of public funds.
What information must be reported on Processing and Management of ARRA Awards?
The information that must be reported includes detailed financial expenditures, project descriptions, employment impacts (such as jobs created or retained), and any other performance metrics specified by the funding agency. Recipients are also responsible for reporting progress on the use of funds and compliance with ARRA requirements.
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