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​American Rescue Plan- Application of Lessons Learned From the Coronavirus Relief Fund

Other · Department of the Treasury OIG · 2021-05-17 · about Department of the Treasury

Report

Title
​American Rescue Plan- Application of Lessons Learned From the Coronavirus Relief Fund
Submitting OIG
Department of the Treasury OIG
Component agency
Department of the Treasury
Type
Other
Publication date
2021-05-17

Recommendations (7)

#StatusText
1-1ClosedTreasury management should finalize guidance concurrent with funds distribution in order to facilitate efficient administration of programs and minimize recipient confusion and misuse of funds.
2-1ClosedTreasury management should document its analysis of the applicability of grant requirements under 2 Code of Federal Regulations (2 CFR) for each American Rescue Plan Act (ARP) program in its implementation plan as required by Office of Management and…
2-2ClosedTreasury management should apply the requirements of 2 Code of Federal Regulations (CFR) to Federal financial assistance funded through the American Rescue Plan Act (ARP) to the maximum extent authorized by law.
2-3ClosedTreasury management should require signed agreements documenting standard terms and conditions before disbursing American Rescue Plan Act (ARP) funds to recipients.
3-1ClosedTreasury management should conduct and document an information technology (IT) investment analysis as required by the Office of Management and Budget's (OMB) Memorandum M-21-20, and Circulars A-130 and A-11 before making the decision to implement…
4-1ClosedTreasury management should develop performance metrics to measure the effectiveness of American Rescue Plan Act (ARP) program funding in assisting with pandemic relief goals.
4-2ClosedTreasury management should include recipient reporting requirements in written agreements to facilitate this process and ensure that needed information is collected quarterly.

Source

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