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Good afternoon,
We're excited to share this month's edition of the Grants Management Newsletter to highlight the latest advancements across the state utilizing the Coronavirus State and Local Fiscal Recovery Funds (SLFRF).
At the end of February, the GMO team attended the week-long 2024 Annual Grants Training hosted by the National Grants Management Association in Washington, D.C. The GMO had the opportunity to learn from grants specialists from across the country and to attended keynote presentations and panels comprised of representatives from the Office of Management and Budget and the Office of Inspector General. These trainings reinforce the shared ongoing commitment of the GMO team to enhance our collective knowledge and experience so that we may better serve the State of Oklahoma and to be an effective resource for your team.
Additionally, we want to remind everyone about the upcoming Q1 Treasury Reporting. You will receive information about reporting from our team.
As always, if you ever have any questions, please contact me or my team for assistance.
Sincerely,
Parker Wise
Director of Grants Management
Office of Management and Enterprise Services
Note these metrics reflect data as of March 28. Please visit the ARPA Program Tracker for the most up-to-date information.
- $557,353,935.05, or 29.81%, of total funds disbursed.
- $55,502,818.55 disbursed in March.
- 14 projects fully funded to date.
- $218,317,504.00 projected to be disbursed over the next 90 days.
Remember to check out GMO's current templates and guidance available on the Subrecipient Support webpage.
Additionally, if you would like GMO to consider drafting guidance for agencies on any ARPA-related questions, please submit your request through our online form.
Latest federal guidance:
FAQs for SLFRF
The U.S. Department of the Treasury has updated the frequently asked questions (FAQ) for the SLFRF program to further clarify the obligation requirement. There is no action required at this time; however, recipients will note that Treasury is extending the reporting deadline for estimated costs associated with certain administrative and legal requirements.
Among other items, these FAQs contain three important clarifications:
- Treasury considers an interagency agreement to constitute an obligation for purposes of the SLFRF rule if the agreement satisfies certain conditions.
- Treasury considers a recipient to have incurred an obligation with respect to personnel costs for an employee through Dec. 31, 2026, to the extent the employee is serving in a position that was established and filled prior to Dec. 31, 2024.
- Treasury is clarifying how recipients may cover cost increases associated with contracts or subawards entered into by Dec. 31, 2024.
Treasury will host recipient webinars on May 8 and 9 to further explain these and other clarifications. To register for one of the webinars, please see the additional training section of this newsletter.
If you have any questions about items in this newsletter, please email ARPAGrantsManagement@omes.ok.gov.
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