Does the Recovery Act place any deadlines on the Corps to expend the appropriated funds?
Yes, all unobligated funds, with some exceptions, expire at the end of fiscal 2010, 30 September 2010. The Recovery Act does provide for obligations to be made past that date in the Investigations, Construction, Mississippi River and Tributaries, Operation and Maintenance, and FUSRAP accounts for “associated” Engineering and Design (E&D), Supervision and Administration (S&A), and subsequent claims, if any. “Associated” means those activities related to the execution of contracts that will have been awarded with Recovery Act funds through FY 2010. The Act also permits up to ½ percent of Civil Works Recovery Act funds to be used for oversight. The oversight funds expire at the end of FY 2012 (September 30, 2012).
*Sadly, we had to bring back ads too. Hopefully more targeted.