Recovery Blog Terms & Acronyms

Posted in by on November 29, 2010

Spend time on, and before long you will come across terms like “Section 1512,” “OIG,” “OMB,” and “508.” Who and what do these refer to? The following is a quick primer on some of the terms you’re most likely to encounter:

Section 1512 - The section of the Recovery Act that lists the reporting requirements for Recovery award recipients when they report quarterly.

OIG – Office of Inspector General. A variation is “IG,” referring to the Inspector General. Inspectors General are independent watchdogs within the federal agency to which they are assigned. Their main task is to prevent fraud, waste, or abuse of agency funds or property. Check back on the blog to read bios of each of the IGs who sit on the Recovery Board.

OMB – Office of Management and Budget. The White House agency responsible for overseeing the preparation of the President’s annual budget proposal. OMB also ensures that the federal agencies’ activities and plans adhere to the President’s policies. In relation to the Recovery Act, OMB issues guidance to the agencies on how to implement Recovery programs.

508 – Refers to Section 508 of the Rehabilitation Act that requires federal agencies to make their electronic and information technologies accessible to people with disabilities. For the details on’s 508 guidelines, see Accessibility.

Local Amount – The total amount of Recovery funds located in a state, zip code, county, or congressional district. The local amount consists of the following:

  1. The amount of Recovery funds in a location received by prime recipients (all the prime recipients in Utah) PLUS
  2. The amount of Recovery funds received by prime recipients’ sub-recipients in the same location (primes in Utah with sub-recipients also in Utah) PLUS
  3. The amount of Recovery funds in the location received by sub-recipients with primes outside the location (sub-recipient is in Utah, but the prime is in New Mexico) LESS
  4. The amount of Recovery funds received by the prime recipients’ sub-recipients outside the location (primes in Utah have sub-recipients in Wyoming; the Wyoming sub-recipients’ awards are counted in Wyoming’s total Local Amount).

CEA – Council of Economic Advisers. A small group of experts advising the President on economic policy. The CEA is responsible for analyzing and assessing the economic impact of the Recovery Act.

FOIA – Freedom of Information Act. Part of federal law that allows, upon formal request, disclosure of previously unreleased information controlled by the government. Some information is exempt from a FOIA request. For more information on’s FOIA policy, see FOIA.

Are there terms we haven’t covered that you’d like to know about? Let us know.

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