American Recovery and Reinvestment Act (ARRA)

On February 17, 2009, President Obama signed H.R. 1, the American Recovery and Reinvestment Act of 2009 (the Recovery Act), into law with unprecedented levels of transparency and accountability tied to Recovery Act resources. Federal agencies, states and other recipients of these funds must enhance their program, fiscal and project management reporting capabilities and enhance controls over the use and disbursement of funds.

It can be challenging to comply with Recovery Act requirements without increasing administrative costs or distracting from your core mission. And as Recovery Act funds continue to filter down to public and private entities and governmental agencies, the funds’ ripple effects bring with them increased risk of noncompliance, fraud, waste and abuse.

To succeed, you need an effective risk management strategy and program. Our years of experience helping organizations comply with government regulatory requirements makes us uniquely suited to quickly and efficiently implement processes and controls for compliance, reducing project costs and risks. We can also assist with the oversight required for sub-recipients and the thoroughness of Recovery Act reviews by granting agencies.

As you navigate the Recovery Act’s requirements, we can support you in:

• Administering funds
• Managing the bid process, fund allocation and project progress
• Optimizing internal controls and compliance processes
• Building and Road Construction
• Managing the bid process, fund allocation and project progress
• Optimizing internal controls
• Auditing budgeted to actual spending

Jefferson Wells has experienced resources located in your market that can be quickly deployed. Whether you need a full compliance solution or additional resources to support your current process, we can help.