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PRAC Releases Cumulative Coronavirus Relief Fund Data for March 1, 2020 - March 31, 2021

Summary

A press release dated 05/20/2021, PRAC Releases Cumulative Coronavirus Relief Fund Data for March 1, 2020 - March 31, 2021. Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC), announced an updated Coronavirus Relief Fund (CRF) dataset. It says that as of March 31, 2021, 693 prime recipients had reported, receiving a total of $149.2B and awarding $136.4B to 80,201 sub-recipients, and that 84 percent of the total funds have been spent. It also says 67 prime recipients either had not submitted information or had a submission returned for correction by the Treasury Office of Inspector General (OIG). The deadline for CRF expenditures was extended to December 31, 2021.

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“PRAC Releases Cumulative Coronavirus Relief Fund Data for March 1, 2020 - March 31, 2021.” Original at www.pandemicoversight.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/prac-prac-releases-cumulative-coronavirus-relief-fund-data-march-1-202-3de8f7c460/, SHA-256 0f8b0d6aa67805d90eb7eb91d8fe1a08e37a919ee1359baac1e73f9919d1f9cf.

Full text

<Press Release>

PRAC Releases Cumulative Coronavirus Relief Fund Data for March 1, 2020 - March 31, 2021

05/20/2021

Today, Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC) announced the public release of an updated dataset of Coronavirus Relief Fund (CRF) spending by states, eligible local governments, Tribal governments, the District of Columbia, and U.S. Territories. CRF data is only available on the Coronavirus Relief Fund (CRF) page on this website and includes all funds spent March 1, 2020 through March 31, 2021.

About the CRF Data

This update includes the following data and features related to the CRF:

- As of March 31, 2021, 693 prime recipients have reported on their spending. These recipients received a total of $149.2B and awarded $136.4B to 80,201 sub-recipients.
- 84 percent of the total funds have been spent. See details on percent of funds spent by recipients .
- 67 prime recipients either have not submitted information or the U.S. Department of the Treasury Office of Inspector General (OIG) returned the submission to the prime recipient for correction. The OIG continues to work with these recipients to report.

See a breakdown of the numbers in this infographic .

Background

The CRF was established in March 2020 as part of the CARES Act. The U.S. Department of the Treasury made $150 billion in Coronavirus Relief Funds available to states, eligible local governments, Tribal governments, the District of Columbia, and the U.S. Territories (“prime recipients”). Under the CARES Act, 785 prime recipients received Coronavirus Relief Funds, however, only the 760 recipients that received over $150,000 in CRF are required to report on their spending.

Prime recipients distributed payment to sub-recipients through contracts, grants, loans, transfers to other governments, and direct payments. Sub-recipients may include educational institutions, non-profits, businesses, or health care providers, among others.

Reporting

The CARES Act gave the Department of the Treasury Office of Inspector General (OIG) the responsibility to monitor CRF funds and request the return of any funds that are not spent for allowable purposes. To carry out its oversight responsibilities, the Treasury OIG requires prime recipients to submit quarterly reports detailing how the prime recipients and their sub-recipients are spending the money. That data is then posted on the PRAC’s website, PandemicOversight.gov. The pandemic relief legislation enacted on December 27, 2020 extended the deadline for CRF expenditures to be incurred to December 31, 2021.

The next dataset to be added to PandemicOversight.gov will be for the period April 1- June 30, 2021.

For details on the CRF data, visit our Frequently Asked Questions . For more information about CRF and prime recipient reporting visit the U.S. Department of the Treasury.

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The PRAC was established by the CARES Act to promote transparency and support independent oversight of the funds provided by the CARES Act and other related emergency spending bills. In addition to its coordination and oversight responsibilities, the PRAC is tasked with supporting efforts to “prevent and detect fraud, waste, abuse, and mismanagement [and] mitigate major risks that cut across program and agency boundaries.”

If you have additional questions, please contact Lisa Reijula at lisa.reijula@cigie.gov

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