Transparency and Accountability in Contract Management - Office of ...
Transparency and Accountability in Contract Management - Office of ...
Transparency and Accountability in Contract Management - Office of ...
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OMB Recovery Act Guidance―<strong>Contract</strong>or Report<strong>in</strong>gAre There New Report<strong>in</strong>g Requirements forRecovery Act <strong>Contract</strong>ors?Yes• At the end <strong>of</strong> each calendar quarter, contractors are to report via http://www.FederalReport<strong>in</strong>g.govon: Dollar amount <strong>of</strong> contractor <strong>in</strong>voices Supplies delivered <strong>and</strong> services performed The completion status <strong>of</strong> the work, <strong>in</strong>clud<strong>in</strong>g a list <strong>of</strong> all significant services, description <strong>of</strong>the overall purpose <strong>and</strong> expected outcome, results, <strong>and</strong> deliverables <strong>of</strong> the contract Estimate <strong>of</strong> number <strong>of</strong> jobs created <strong>and</strong> reta<strong>in</strong>edNames <strong>and</strong> total compensation <strong>of</strong> each <strong>of</strong> the five most highly compensated <strong>of</strong>ficersInformation on first-tier subcontractors•<strong>Contract</strong><strong>in</strong>g <strong>of</strong>ficers are charged with exercis<strong>in</strong>g appropriate remedies, if reports are not submitted.• Agencies are to make reports available to the public.<strong>Transparency</strong> <strong>and</strong> <strong>Accountability</strong> <strong>in</strong> <strong>Contract</strong> <strong>Management</strong> 14
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