The American Recovery and Reinvestment Act mandates transparency and oversight requirements. The act establishes the Recovery Accountability and Transparency Board. The Deputy Director for Management of the Office of Management and Budget shall serve as the Chairperson of the Board. The members shall include the inspectors general of the Departments of Agriculture, Commerce, Energy, Health and Human Services, Homeland Security, Justice, Transportation and Treasury.
The Board shall establish a website, Recovery.gov, within 30 days of enactment of the legislation. The website went live as President Barack Obama was signing the bill.
Timeline
March 3, 2009 through May 12, 2009
Federal agencies must submit weekly reports detailing their latest recovery activities.
May 3, 2009
Federal agencies must make their Performance Plans publicly available.
May 15, 2009
Detailed agency financial reports to become available.
May 20, 2009
Federal agencies to begin reporting their competitive grants and contracts.
July 15, 2009 October 10, 2009
Recipients of Federal funds must begin reporting on their use of funds. State data will be updated quarterly.
Look for the Recovery.gov emblem to identify projects funded by the American Recovery and Reinvestment Act.
To comment on implementation of the economic recovery plan, go here.
Useful Links
Agency Recovery Plans
Source: Recovery.gov
OMB Memo for Heads of Department and Agencies: Implementing Guidance for the Reports on Use of Funds Pursuant to the American Recovery and Reinvestment Act of 2009 Guidance (June 22, 2009)
OMB Memo for Heads of Department and Agencies: Updated Implementing Guidance (April 3, 2009)
President Barack Obama, "Bringing the Outside In," March 20, 2009
Publications
Roadmap to Recovery: Day 200
Source: White House (September 2009)
Recovery Report: 100 Days, 100 Projects
Source: White House (May 2009)
News Stories
Recovery Board announces schedule for data release
Stimulus guidance calls for more detailed reporting
Agency Plans Add Another Element of Accountability to Recovery Act Spending
Tracking Stimulus Spending May Not Be as Easy as Promised
Details thin on stimulus contracts
States vexed by stimulus challenges
Suggestions on Building Recovery.gov
Congress needs Google to find out where stimulus money went
Feds Push Back Deadline on Stimulus Bill Reports
Senators disappointed with stimulus-tracking site
Stimulus czar is well-prepared for new role
DeSeve Named to Recovery Act Post
The Rise of Recovery.gov and the Virtuous Cycle of Transparency Innovation
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