
The intent is for the money to be spent by FY2011. The goal is to spend the Recovery Act funds quickly, wisely and end Recovery Act in FY2011 and move to the next set of activities.
HQ is working with the sites, state by state looking at energy efficiency programs, and looking into moving funds from non performers to the sites that are performing.
HQ is developing programs for the employment ramp down, details will be provided in the next following months.
HQ reviews financial metrics, spent rates and the impact of work performed with these funds, looking at long lasting value vs. one time impact.
The Energy Parks initiative will increase the level of integration across programs and communities by pooling resources.
Each site has additional work it can perform should additional funds are made available.
The site can provide you with the Project Operating Plans which containing work to be performed and metrics. HQ is tracking performance site by site.
Dr. Triay has quarterly meetings with the site’s senior management and contractors to review performance. Each site is aware of the FY2011 deadline; only TRU at SRS will not be able to be finished by the FY2011 deadline. However, HQ will review any request made by the site and make appropriate decisions; the site will have to show proven performance before additional cost authority can be granted.
All the money needs to be obligated by 2010 and costed by FY2015. EM to maximize job creation and milestones performance obligated all the funds in FY2009, with all the money being spent by FY 2011.