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November 5, 2009
Beginning Oct. 1, federal contractors that receive awards for projects funded by the act must report each quarter on how those funds are used. These new regulations became effective on March 31 and are applicable to any solicitation issued and contract awarded after that date. However, because the government's Web-based “centralized reporting tool” was not ready on time, the first reporting period, covering the previous two quarters, began on Oct. 1 and ended on Oct. 10.
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