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PRAC Unveils Five More Key Lessons Learned from Over Two Years of Pandemic Oversight
Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC), announced the release of an update to Lessons Learned in Oversight of Pandemic Relief Funds with five additional lessons.
Making sense of prime and sub-recipient data.
Prime recipients receive money directly from the federal government. They may then pay some of the money they received to other entities for goods or services. These entities are sub-recipients.
What is an assistance listing?
An assistance listing is a series of numbers used to identify each federal financial assistance program. We use the term “assistance listings” on our interactive dashboards.
Two-Year Mark of the CARES Act and the Creation of the Pandemic Response Accountability Committee
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted. It distributed $2.1 trillion to individuals, businesses, schools, and state and local governments to respond to the effects of the pandemic.
Who are prime recipients and sub-recipients?
In short, prime recipients receive money directly from the federal government. The prime recipients may then pay some of the money they received to other entities for goods or services. These entities are sub-recipients.