Business Procedures Manual

Essential business procedural components for University System of Georgia institutions.

Section 22 Introduction

(Last Modified on January 10, 2011)

The American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law on February 17, 2009, advancing an ambitious plan to revitalize the nation’s economy. Recipients of funds under the ARRA are subject to quarterly reporting requirements and oversight by Federal agency inspectors. The General Accounting Office has selected Georgia as one of the targeted states in which it will conduct its oversight activities.

Note: More information on the ARRA can be found in Section 22.9.

The University System of Georgia (USG) is responsible for maintaining financial and other information in order to facilitate Federal reporting as required by the ARRA for reporting in conformity with existing Federal agency and program requirements, for compliance with any additional reporting requirements that may be issued by the Federal government relating to specific grant awards and for reporting to the executive management of the State.

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