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ARRA Reporting Workshop Sponsored Programs Office Sponsored Programs Accounting September 24, 2009.

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Presentation on theme: "ARRA Reporting Workshop Sponsored Programs Office Sponsored Programs Accounting September 24, 2009."— Presentation transcript:

1 ARRA Reporting Workshop Sponsored Programs Office Sponsored Programs Accounting September 24, 2009

2 Committee Members Sponsored Programs Office: 487-2226 Kellie Buss, kellie@mtu.edu Kim Codere, kmcodere@mtu.edu Sponsored Programs Accounting: 487-2244 Kelly Kallio, kmkallio@mtu.edu Tammy LaBissoniere, tklabiss@mtu.edu

3 Workshop Goals and Objectives Overview of ARRA Stimulus Reporting requirements/process. Roles and Responsibilities – Sponsored Programs Accounting’s (SPA) – Principal Investigator's – Sponsored Programs Office’s (SPO) Answer specific questions

4 What is Different About ARRA Funds? Unprecedented levels of transparency, oversight and accountability Aggressive expenditure requirements (ARRA funds must be used consistently) No co-mingling of ARRA funds and non-ARRA funds

5 What is Different About ARRA Funds? (con’t) Quarterly projects reporting of ARRA fund expenditures, job creation and retention statistics Funds should be spent in a timely fashion and reported quarterly

6 ARRA Funding Federal Agencies (NSF, NIH, Etc.) Recovery.Gov Informational website FederalReporting.Gov Prime and Subs reports/review Reports Published Agency Program Plans Weekly Fin/Acct Reports Review/Correction Requests to Michigan Tech

7 ARRA Reporting 1512 “FederalReporting.gov” Michigan Tech submits reports including sub- recipient data to the Federal Government’s website “FederalReporting.gov” Michigan Tech reviews the data entered in “Federal Reporting.gov” including sub- recipient data. Federal Agencies also start their review. Federal Agencies review data submitted and Michigan Tech revises data, if needed. Michigan Tech’s reports are published on Recovery.gov for the public. 1-10 days after the end of a quarter: 11-21 days after the end of a quarter: 22-29 days after the end of a quarter: 30 days after the end of a quarter:

8 ARRA Reporting Process At Michigan Tech SPONSORED PROGRAMS ACCOUNTING-ARRA REPORTING SUB-RECIPIENT INFORMATION- SPO FINANCIAL INFORMATION- SPA PI INFORMATION

9 SPA’s Role and Responsibility Initiate appropriate data collection and reporting procedures to assure ARRA requirements are met in a timely and effective manner Review all data collected and correct if necessary Submit quarterly reports to FederalRecovery.gov

10 PI’s Role and Responsibility Report on Two Data Elements Each Quarter: 1.The percentage of project completion Not StartedLess than 50% Completed Completed 50% or MoreFully Completed 2.Description of quarterly activities/milestones Grants: Overall purpose and expected outcomes for the award and for first-tier sub-awards Contracts: Significant services performed and/or supplies delivered

11 SPO’s Role and Responsibility Michigan Tech will do the federal reporting Collect information on a standard sub-recipient data form provided to each sub-recipient Sub-recipient must send reporting elements to Michigan Tech by the 5 th day of the reporting month Notify Michigan Tech PI if sub-recipient report is late; in addition, SPO will contact sub-recipient

12 Additional Topics Vender Information

13 Any Questions?


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