| Covid-19 | Jul 14, 2020

Treasury Issues Coronavirus Relief Fund Reporting and Record Retention Requirements

The Treasury publicly posted a July 2 letter to Coronavirus Relief Fund recipients indicating that primary recipients of the Fund will be required to report “costs incurred” for the covered period (March 1, 2020 – December 31, 2020) on a quarterly basis. – By July 17, recipients are required to costs data for March 1 through June 30, using the attached spreadsheet. – Beginning in September, data submissions will be facilitated via a GrantSolutions online portal that Treasury expects to launch on September 1In addition to meeting these reporting requirements, recipients must keep all payment records available for 5 years after final payments of the fund, to be made available to the Treasury OIG upon request.