Treasury Clarifies SLFRF Program ‘Obligation’

Jerry Ashworth
November 20, 2023 at 08:52:58 ET
Governmental recipients of Coronavirus State and Local Fiscal Recovery Funds (SLFRF) from the Department of the Treasury are being provided a clearer definition of what the agency deems an “obligation” under the program, as well as how to manage contract/subaward amendments after the obligation deadline. Treasury issued an interim final rule Nov. 20 updating the definition, which cu... Read More