Do the ARRA reporting requirements apply to projects or purchases funded through Recovery Zone Bonds, Tribal Economic Development Bonds, Qualified School Construction Bonds, or Build America Bonds?
No, although other special requirements may apply to these bonds. You will need to work with the state or federal agency charged with administering these bonds to determine what requirements and procedures apply ot these bonds. (Here’s the rationale for why the reporting requirements don’t apply to these bonds: The American Recovery and Reinvestment Act is split into 3 parts: (1) general provisions, (2) “Division 1” and (3) “Division 2.” Section 4 of the Act (in the general provisions) provides that “any reference to ‘this Act’ contained in any division of this Act shall be treated as referring only to the provisions of that division.” The reporting requirements are in Section 1512 of Division 1, and require reporting from “each recipient that received recovery funds.” Section 1512 defines “recovery funds” as “any funds that are made available from appropriations made under this Act.” Since Section 4 of the Act says “this Act” means “this Division,” the reporting requirements apply onl
Related Questions
- How does the Buy American Requirements - Section 1605 of the Recovery Act - apply to Recovery Act projects and medical equipment procurements?
- Does the economic recovery plan list any requirements for infrastructure projects?
- How do I get started in order to meet reporting requirements on ARRA projects?
