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Home News Archive Delay in Recovery Act Reporting Tool Gives DOD Contractors a Break

Delay in Recovery Act Reporting Tool Gives DOD Contractors a Break

Tuesday, 14 July 2009 08:49 administrator
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On July 10, 2009 DOD contractors were given a break via issuance of a "class deviation" from the requirements to report expenditures related to receipt of funds under the American Recovery and Reinvestment Act (ARRA).  The class deviation, issued by Shay Assad (Director, Defense Procurement and Acquisition Policy), informed DOD contractors that they were exempt from the reporting requirements of contract clause FAR 52.204-11 (American Recovery and Reinvestment Act -- Reporting Requirements) for a period of 90 days.  Instead of making their first report regarding how they used the ARRA funds received on July 10th, DOD contractors will now have to make their first report on October 10th.  Mr. Assad attributed the delay to the on-line reporting tool (www.federalreporting.gov
) not being ready as planned.  Mr. Assad reminded DOD contractors, however, that even though ARRA reporting requirements were being delayed, contractors should still maintain the required data.  See Mr. Assad's memo here.
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Effective January 1, 2019, Nick Sanders has been named as Editor of two reference books published by LexisNexis. The first book is Matthew Bender’s Accounting for Government Contracts: The Federal Acquisition Regulation. The second book is Matthew Bender’s Accounting for Government Contracts: The Cost Accounting Standards. Nick replaces Darrell Oyer, who has edited those books for many years.