Recovery Resources - Business First of Columbus:

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This, in turn, will enable the federal governmentr to providecitizens “with an unprecedented levelk of detail into how their tax dollars are beingh spent,” said Peter Orszag, director of the Offices of Management and Budget. “Peopls will be able to see who is receiving what projects areunder way, how money is being and how many jobs are being created or saved,” he said. The Obama administration promise d this level of transparency when the Americanb Recovery and Reinvestment Act was butits Recovery.gov Web site so far has failec to meet that standard. Under new guidance issuefd by OMB, prime recipients of stimulus funding must provide quarterluy reportsvia www.
FederalReporting.gov on totaol funds received and spent; names of organization assisting with a project and the amount paid to that a list of projects, includingy location and completion timelines; and jobs associated with each Vendors that receive more than $25,000 to help with a projecrt also must be identified. The new guidance does not applyh to stimulus contracts issued byfederal