Coronavirus Relief Fund: US Treasury Releases Updated FAQs on Reporting and Recordkeeping
On November 25, Treasury’s Office of Inspector General (OIG) updated their FAQs on Reporting and Recordkeeping for prime recipients of the Coronavirus Relief Fund (CRF). The revised document specifically addresses process related questions in relation to reporting on the GrantSolutions portal. New additions provide clarification on reporting payroll costs, nonfederal cost share proceeds, interest earned and expended, contract modifications, and recoupment of funds. Questions on correcting and modifying outdated data reported in the previous quarter and how to replace a designated user on the portal are also addressed.