Report on USCG ARRA Expenditures
The Department of Homeland Security (DHS) Office of Inspector General (OIG) issued the report of its review of the US Coast Guard’s expenditure plans for the American Recovery and Reinvestment Act of 2009 (ARRA). The Coast Guard was allocated $240 million for alteration or removal of obstructive bridges and for acquisition, construction, and improvements for its shore facilities and vessels. The OIG found the expenditure plans to be designed to meet most of the ARRA goals, except for the “quick-start” goal of using 50% of the stimulus funds for activities that could be initiated by June 17, 2009. OIG-10-06 (11/18/09).
(Source: Bryant’s Maritime News)