Stay Compliant with Recovery Accountability & Transparency Monitoring
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Understanding the Recovery Accountability and Transparency Board
The Recovery Accountability and Transparency Board was established as part of the American Recovery and Reinvestment Act of 2009, a crucial move to bolster the U.S. economy post-recession. The Board was tasked with two primary objectives:
- To ensure transparency related to the use of Recovery-focused federal funds.
- To prevent and identify incidents of fraud, waste, and mismanagement of these funds.
Through diligent oversight, the Board provides quarterly and annual reports to both the President and Congress, highlighting the efficacy and transparency in the deployment of Recovery funds. For issues demanding immediate attention, "flash reports" are dispatched. The Board also manages Recovery.gov, a platform for public oversight of fund distribution.
Why Monitoring Matters to Key Stakeholders
Professionals such as compliance officers, financial auditors, government contractors, and public administration experts need up-to-date information from the Recovery Accountability and Transparency Board for several reasons:
- Avoid Regulatory Penalties: Understanding and complying with Board regulations reduces the risk of costly penalties.
- Simplify Monitoring Efforts: Staying informed on changes facilitates streamlined monitoring efforts.
- Respond to Open Comment Periods: Engaging during open comment periods can influence policy-making decisions.
- Strategic Planning for Industry Shifts: Real-time updates enable industries to adapt quickly to new regulations.
Industries such as construction, healthcare, and banking, which are significant recipients of federal Recovery funds, must be vigilant about regulatory changes to manage risks effectively and uphold compliance standards.
Recent Trends and Regulatory Impacts
With evolving federal policies, maintaining transparency and minimizing waste have become increasingly critical. As reports and audits surface from the Recovery Accountability and Transparency Board, it provides vital insights into the fiscal discipline of industries reliant on federal funds, impacting strategic business decisions.
On-going trends focus on improving compliance and risk management through enhanced transparency measures and accountability. The Board's oversight increases public trust and ensures responsible governance amid federal spending plans.
Enhance Monitoring with AI-Powered Solutions
Staying updated with myriad changes the Board announces can be daunting. Here’s where FedMonitor steps in, providing:
- Relevance Filters: Customize alerts to integrate only actionable updates concerning rules, notices, and compliance needs.
- Instant Notifications: Stay informed with notifications directly via email, SMS, or integrations with platforms like Slack, Microsoft Teams, and Salesforce.
- Easy Access: Our user-friendly dashboard ensures immediate access to pertinent information, simplifying the decision-making process.
FedMonitor’s AI-driven monitoring services ensure you don’t miss crucial changes that matter to your business. Sign up now for comprehensive insights and safeguard your compliance and strategic planning endeavors.
Feel free to reach out and learn more about our capabilities via our FAQ or our contact page. Don't leave compliance to chance—leverage real-time updates from the Recovery Accountability and Transparency Board to maintain your competitive edge.
Agency Details
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Status:
Temporary
The Recovery Accountability and Transparency Board was established specifically to oversee and provide transparency for Recovery-related funds allocated by the American Recovery and Reinvestment Act of 2009. Given the Board's specific mandate linked to the recovery process, it was designed to be a temporary entity that would cease operations after fulfilling its objectives related to this specific legislative act.
- Acronym: RATB
Latest Documents
| Title | Type | Published |
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The Recovery Accountability and Transparency Board (Board) is issuing public notice of its intent to amend a system of records that it maintains subject to the Privacy Act of 1974 (5 U.S.C. 552a), as amended. Specifically, RATB-11 entitled "Oversight...
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Notice | Jul 06, 2015 |
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The Recovery Accountability and Transparency Board (Board) previously issued regulations pertaining to the Privacy Act of 1974, Public Information and Requests, and the Board's Official Seal. These are the only Board issued regulations codified in th...
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Rule | Jun 24, 2015 |
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The Recovery Accountability and Transparency Board (Board) is giving public notice that it will submit a currently approved information collection to the Office of Management and Budget (OMB) for renewal. The public and affected federal agencies are...
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Notice | Jul 05, 2013 |
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The Recovery Accountability and Transparency Board (Board) invites comments on the proposed renewal of a currently approved information collection as required by the Paperwork Reduction Act of 1995 (PRA).
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Notice | Mar 29, 2013 |
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The Recovery Accountability and Transparency Board (Board) is giving public notice that it will submit a currently approved information collection to the Office of Management and Budget (OMB) for renewal. The public and affected federal agencies are...
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Notice | Mar 19, 2013 |
| Notice | Jan 18, 2013 | |
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The Recovery Accountability and Transparency Board (Board) invites comments on the proposed renewal of a currently approved information collection request (ICR) as required by the Paperwork Reduction Act of 1995 (PRA).
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Notice | Dec 26, 2012 |
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The Recovery Accountability and Transparency Board (Board) is issuing public notice of its intent to amend a system of records that it maintains subject to the Privacy Act of 1974 (5 U.S.C. 552a), as amended; specifically, RATB-11 entitled "RATB Inve...
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Notice | Mar 14, 2012 |
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The Recovery Accountability and Transparency Board (Board) is issuing public notice of its intent to amend a system of records that it maintains subject to the Privacy Act of 1974 (5 U.S.C. 552a), as amended (Privacy Act or the Act); specifically, RA...
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Notice | Feb 06, 2012 |
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The Recovery Accountability and Transparency Board (Board) proposes a new system of records subject to the Privacy Act of 1974 (5 U.S.C. 552a), as amended (Privacy Act or the Act), entitled "Fast Alert System." Under the American Recovery and Reinves...
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Notice | Aug 04, 2011 |
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The Recovery Accountability and Transparency Board (Board) is issuing public notice of its intent to amend a system of records that it maintains subject to the Privacy Act of 1974 (5 U.S.C. 552a). RATB- 9--FederalReporting.gov Section 1512 Data Syste...
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Notice | May 10, 2011 |
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The Recovery Accountability and Transparency Board (Board) is providing notice to its employees, former employees, and applicants for Board employment about the rights and remedies available to them under the Federal antidiscrimination, whistleblower...
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Notice | Mar 16, 2011 |
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The Recovery Accountability and Transparency Board (Board) published a document in the Federal Register of January 10, 2011, concerning agenda and notice of meeting of the Recovery Independent Advisory Panel (RIAP). The document contained incorrect a...
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Notice | Jan 20, 2011 |
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In accordance with the American Recovery and Reinvestment Act of 2009, Public Law 111-5 (Recovery Act), and the Federal Advisory Committee Act of 1972 (FACA), the Recovery Accountability and Transparency Board's (Board) Recovery Independent Advisory...
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Notice | Jan 10, 2011 |
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In accordance with the American Recovery and Reinvestment Act of 2009, Public Law 111-5 (Recovery Act), and the Federal Advisory Committee Act of 1972 (FACA), the Recovery Accountability and Transparency Board's (Board) Recovery Independent Advisory...
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Notice | Nov 09, 2010 |
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In accordance with the American Recovery and Reinvestment Act of 2009, Public Law 111-5 (Recovery Act), and the Federal Advisory Committee Act of 1972 (FACA), the Recovery Accountability and Transparency Board's (Board) Recovery Independent Advisory...
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Notice | Jul 20, 2010 |
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The Recovery Accountability and Transparency Board (Board) has submitted to the Office of Management and Budget (OMB) for clearance the following proposal for collection of information under the emergency provisions of the Paperwork Reduction Act of...
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Notice | Jul 02, 2010 |
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The Recovery Accountability and Transparency Board (Board) amends its regulations implementing the Privacy Act of 1974 (Privacy Act), Public Law 93-579, 5 U.S.C. 552a. This final rule adds 4 CFR 200.17 to exempt certain systems of records from certai...
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Rule | Jun 29, 2010 |
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Under provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. 3507(a)(1)(D)) and 5 CFR Part 1320, the Recovery Accountability and Transparency Board (Board) invites public comments on a revision of a currently approved collection of information...
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Notice | Apr 29, 2010 |
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The Recovery Accountability and Transparency Board (Board) proposes to amend the Board's regulations implementing the Privacy Act of 1974 (Privacy Act), as amended. This proposed rule would exempt certain systems of records from certain sections of t...
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Proposed Rule | Apr 19, 2010 |
No sub-agencies found.