How should agencies account for and report on overhead costs of Recovery funds?
Overhead or administrative costs are not data elements currently captured in either the monthly or weekly reports required by the OMB Guidance. However, if asked by OMB or Congress, an agency must be prepared to report on the amount or percentage of funds that were spent on administrative activities. This includes funds used to reimburse non-Recovery funding used for Recovery-related administrative activities. The calculation and tracking of overhead costs should follow existing agency practice or guidance an agency develops for its Recovery-related activities.
