State, local, & tribal governments will be relieved to learn the Office of Management and Budget (OMB) has provided guidance changes to indirect cost requirements that better align with use of CARES Act funding. Read more»Read More
In the face of labor scarcities, supply chain disruption, and other impacts of the continuing health crisis, the U.S. Department of the Treasury has revised its guidance for when governments can spend their share of the CRF. Read more»Read More
Following the approval of the American Rescue Plan Act (ARPA) in March 2021, the U.S. Department of the Treasury has now issued Interim Guidance on the distribution of Coronavirus State and Local Fiscal Recovery Funds (31 CFR Part 35). These funds are intended to help state, local, and tribal governments address economic impacts caused by the pandemic and assist with their recovery. Read more.Read More
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