Tuesday, June 30, 2009

New OMB Stimulus Guidance Has No Showstoppers

Last week, the Office of Management and Budget released new guidance for recipients of ARRA (Stimulus) funding. This guidance, called M-09-21, elaborates on the reporting requirements for state and local government.

The good news for government is that there are no big surprises here. The weekly report previously mentioned has disappeared from the latest guidance.

Reporting will be on a quarterly basis, and will track prime recipients, sub-recipients, and vendors who receive payments from prime or sub-recipients. The reports will be submitted to a new website called www.data.gov which is under construction. Governments may submit the reports by filling out a web form, uploading an Excel spreadsheet, or uploading an XML data file.

Each reporting period allows for validation of the data, review by the submitter and then review by federal agencies. After reviews are completed the information is transferred to www.recovery.gov where the public can access the data.

Microsoft Stimulus360 is designed to fulfill all these reporting requirements and provide additional ways to track information, aggregate and analyze, and publish information to citizens. Watch for announcements of new reports as they are released.

1 comment:

Joshua Smith said...
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