CARES Act Tracking Tool for Operational Expenses

Submitted by Sandra Shelton on Wed, 06/03/2020 - 12:57pm

Dear Oklahoma Airport Sponsor,

Attached you will find what I believe to be a helpful tool developed by the FAA to assist you at your discretion with respect to the financial records and reporting, close out, and audit requirements that accompany the CARES Act airport grant you have received. Please note the following disclaimer from the FAA with respect to the tool:

The Airport CARES Act Grant financial tool is made available for “optional use” by an airport sponsor.  Recipients of an FAA CARES Act Grant (airport sponsors) must meet the requirements in 2 CFR §200 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.  This tool is intended to assist an airport sponsor in the establishment of financial records, financial reporting, close-out of the Federal award and satisfying audit requirements. Please be aware that use of this optional tool does not relieve you of the requirement to ensure accuracy of your submission.

Please note, the workbook formulas have been checked and rechecked for accuracy but unforeseen error(s) may exist.  The worksheets in this workbook are  protected by default without a password.  If you unprotect a worksheet to make changes, please exercise caution as the formulas could be inadvertently altered.  If you elect to use this tool, manually verify the numbers for accuracy before requesting a payment in Delphi.  The FAA has no plans to support or update this tool unless a critical error is discovered.

The FAA also updated its frequently asked questions (FAQs) regarding CARES Act Airport Grants last Friday. The following link will take you to that document:

If you have any questions regarding your CARES grant, or this tool, please contact us at 405-604-6900, the FAA Arkansas-Oklahoma Airports District Office at 817-222-5630 (or your FAA program manager directly), or email the FAA at [email protected]