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ARRA Training Accountability and Reporting Water Quality/Drinking Water Program Overview OCTOBER 05, 2009 Trenton, New Jersey NJ Environmental Infrastructure.

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Presentation on theme: "ARRA Training Accountability and Reporting Water Quality/Drinking Water Program Overview OCTOBER 05, 2009 Trenton, New Jersey NJ Environmental Infrastructure."— Presentation transcript:

1 ARRA Training Accountability and Reporting Water Quality/Drinking Water Program Overview OCTOBER 05, 2009 Trenton, New Jersey NJ Environmental Infrastructure Financing Program (NJEIFP)

2 Water Quality/Drinking Water Program Overview OCTOBER 05, 2009 Nancy Wittenberg Assistant Commissioner NJDEP Environmental Regulation Program New Jersey Department of Environmental Protection Nancy Wittenberg Assistant Commissioner NJDEP Environmental Regulation Program New Jersey Department of Environmental Protection

3 Goals of ARRA n Fund projects that create jobs n Promote economic recovery n Generate long-term benefits from infrastructure investment NJ Environmental Infrastructure Financing Program (NJEIFP)

4 AMERICAN RECOVERY AND REINVESTMENT ACT (ARRA) New Jersey ARRA’s Funds $160 Million under CW SRF $160 Million under CW SRF n $43 Million under DW SRF NJ Environmental Infrastructure Financing Program (NJEIFP)

5 LOAN TERMS n ARRA Financing Program: –75% zero-interest loan from DEP –25% market-rate loan from Trust –a portion of the DEP loan in the amount of 50% of the total ARRA Program funding is subject to principal forgiveness CW-SRF $ 160 M ► $ 213 M CW-SRF $ 160 M ► $ 213 M DW-SRF $ 43 M ► $ 57 M NJ Environmental Infrastructure Financing Program (NJEIFP)

6 ARRA AWARD REQUIREMENTS n Use of American Iron, Steel, and Manufactured Goods n Davis Bacon Act applies to contracts n More Extensive Reporting NJ Environmental Infrastructure Financing Program (NJEIFP)

7 ARRA Reporting for Environmental Infrastructure Financing State Revolving Fund Programs Using Clean Water Benefits Reporting and Drinking Water Project & Benefits Reporting Systems NJ Environmental Infrastructure Financing Program (NJEIFP)

8 DEP’s Actions n Issue a standard reporting form for loan borrowers to provide borrower generated ARRA data n Make this “ARRA Loan Recipient Reporting Form” accessible at n Review borrower generated data and enter changes/updates into EPA data bases NJ Environmental Infrastructure Financing Program (NJEIFP)

9 DEP’s Actions n Enter data as required by Section 1512 of ARRA into EPA data bases n Merge data into multiple reports as required by ARRA n Submit these reports no later than October 10th, January 10th, April 10th, and July 10th to FederalReporting.gov NJ Environmental Infrastructure Financing Program (NJEIFP)

10 Borrower’s Actions n Complete the entire “ARRA Loan Recipient Reporting Form” n Scan form with signature and submit to address provided on form n Submit immediately contact information on pages 1 and 2 of “ARRA Loan Recipient Reporting Form” n Complete form, with updates, scan and submit to address no later than December 15, March 15, April 15 and September 15 until all contracts are completed NJ Environmental Infrastructure Financing Program (NJEIFP)

11 Handout of this form is available today Contact Information (NJEIFP)

12 Quarterly Reporting, Part 5 of Form ARRA Project Performance Information n Quarterly reports must be submitted by March, June, September and December 15 th. n Includes Jobs Created/Retained and Employment Impact n Must be signed n a scan of document to address provided on form (NJEIFP)

13 Instructions for Quarterly Reporting (NJEIFP)

14 ARRA Program Consequences n Failure to submit the completed, updated “ARRA Loan Recipient Reporting Form” by the 15 th of March, June, September and December will result in DEP withholding Loan Recipient’s disbursements. n ARRA funds are “USE or LOSE” NJ Environmental Infrastructure Financing Program (NJEIFP)

15 Summary n Submit ARRA Loan Recipient Reporting Form quarterly n Submit through addresses on form Clean Water: Drinking Water: n Form is available at n Contact - Victoria Jenkins or (609) NJ Environmental Infrastructure Financing Program (NJEIFP)

16 ARRA PROGRAMS’ Documents Website (NJEIFP)


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