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Redistribution of ARRA Funds

Redistribution of ARRA Funds. IRRPCC Meeting RENO, NV August 24, 2009. Background. ARRA authorizes the Secretary of Transportation to redistributed unobligated IRR ARRA funds after Feb. 17, 2010

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Redistribution of ARRA Funds

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  1. Redistribution of ARRA Funds IRRPCC Meeting RENO, NV August 24, 2009

  2. Background • ARRA authorizes the Secretary of Transportation to redistributed unobligated IRR ARRA funds after Feb. 17, 2010 • Provided further, That for investments at Indian reservations and Federal lands, priority shall be given to capital investments, and to projects and activities that can be completed within 2 years of enactment of this Act: Provided further, That 1 year following the enactment of this Act, to ensure the prompt use of the $550,000,000 provided for investments at Indian reservations and Federal lands, the Secretary shall have the authority to redistribute unobligated funds within the respective program for which the funds were appropriated:

  3. Status • As of Aug. 23, 2009: • _______ Tribes have received IRR ARRA funds: • ____ Tribes who have contracted directly with FHWA (Federal Lands). • _____ Tribes who have contracted directly with the BIA Region offices. • _____ Tribes who have Addendas to Annual Funding Agreements under Self-Governance.

  4. Unobligated Funds • If there are funds unobligated on Feb. 17, 2010: • The amount of these funds will be reported to FHWA Budget on the morning of Feb. 18, 2010. • Obligations will cease at 12:00 local time • Obligations are specifically distinguished in the Federal Finance System (FFS) (See example) • Contract No., Vendor, Funding Citation **This needs to be clarified with sources outside of BIADOT and FLH.**

  5. Unobligated Funds (cont.) • An obligation is a commitment—the Federal government’s promise to pay an Agency’s for the Federal share of a project’s eligible cost. This commitment occurs when the project is approved and the project agreement is executed. Obligation is a key step in financing. Obligated funds are considered “used” even though no cash is transferred.

  6. What specific criteria should be considered in the redistribution of these funds? • Elements for consideration and evaluation must be: • Measurable • Verifiable • Consistently implemented

  7. Comparison with IRRHPP • IRRHPP Elements • Health and Safety justification • Utilization of existing funds • Participation of other funds (including IRR) • Geographic isolation • Inability to finance highest priority projects • Complete PS&Es (ready to proceed to construction) • PS&E not eligible • Deficient Bridges (23 USC 204 xxx)

  8. Discussion • What is available to address: • Criteria • Close to “Feb 17” allowances • On a TIP (approval) • No TIP • Others

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