OMB Revises Requirements For Estimating Jobs Under ARRA

Washington, Dec. 23 – American Recovery and Reinvestment Act award recipients in future Section 1512 quarterly reporting cycles will only be required to report total jobs created and retained during that specific quarter, and not on a cumulative basis, according to revised jobs guidance just issued by the Office of Management and Budget.

Previously, recipients were required to total all hours worked from the current and all prior quarters and divide that total against a cumulative sum of all full-time hours from the current and prior reporting quarters. This ratio provided an average full-time equivalent estimate by project over all reporting quarters since the enactment of the Recovery Act. Many recipients, however, complained that the process was too complex.