Spotlight on Arra: A Stimulus Update
As the federal government quickly works to distribute funds via the American Recovery and Reinvestment Act of 2009, much still remains unclear about how agencies and departments will appropriate funding, while simultaneously achieving transparency and regulatory compliance.
Economic stimulus package appropriations total $787.2 billion, with key funding initiatives to support technology, science and research, infrastructure improvements, education, energy, healthcare and training. Spending provisions within ARRA require agencies to have projects under way within 120 days of enactment, dramatically shortening the typical two year business development timeline.
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