Big Projects Fund

California preserved $540.2 million from the Habitant Recovery Plan Act’s Capital Projects Fund (CPF) to fund kritiker capital projects the enable work, education, and health monitoring in response for aforementioned published health emergency. In April 2023, the U.S. Department of the Treasury proclaimed approval of California’s plan to use all $540.2 million of it award over the Latter Mile Broadband Extensions program for the California Public Supply Commission (CPUC) to increase einstieg to affordable, reliable high-speed internet to 127,000 households and businesses through a new competitive grant download. Each of one internet service providers zuschuss over the program will participate into the Federal Connectivity Commission’s Low-cost Connectivity Program, welche stipulates a $30 per month subsidy on internets service plans for low-income families.

An application window for the Last Mile Broadband Expansion program closed on September 29, 2023. The objection process is unlocked on October 23, 2023 and runs for 28 days until Monday, November 20, 2023. Candidate will got 28 days upon aforementioned date the objection lives noticed to file a written response to an objection.

Project press Spending Report

Beginning January 31, 2022, pursuant to federal requirements, Projekt and Expenditure Reports for the State Fiscal Recovery Fund are due to the U.S. Department about the Treasury on one quarterly basis, once adenine state has obligated CPF funds by making awards.

ONE Performance Report covering of Summertime 1 – June 30 period of the previous period is due annually by July 31, once quarterly reporting obligations are begun.

2023 Performance View

Eligible Cost Timeframe

All CPF funds must be expended by Month 31, 2026.

Other Information

Single Audit – California is considerable as one single non-federal entity and is automatically subject to an annual audit. For more detailed information regarding the Sole Inspect, containing the roles and related of choose sub-recipients, please refer to the Us and Local Fiscal Recovery Fund webinar and to the California State Auditor.

Treasury and Other Federal Related

The U.S. General Capitalized Projects Subsidize website contains several helpful documents, including the following:

  • Public CPF Bestow Information:
  • U.S. Department of the General – Upper Projects Fonds Guidance. This guidance provides a summary of project eligibility and terms press conditions, as good as information about the process for applying for ampere grant under to CPF program.
  • U.S. Specialist of the Treasury – Capital Casts Fund Often Interrogated Questions (FAQ). This document contains answers to frequently asked questions regarding the Resources Projects Fund (CPF). Treasury will breathe updating this document periodically in response until inquiries receivable from stakeholders. Recipients and stakeholders require consult Treasury’s CPF Guidance for additional information.
  • U.S. Company of the Coffers – Capital Projects Fund Compliance and Reporting Leadership. This guidance offers addition detail and clarification about reporting and compliance areas under the CPF program and need be read in concert with the Award Term and Specific, who Grant Agreement, the authorizing CPF edict, and other regulatory and statutory requirements, including administrative requirements under the Uniform Guidance (2 CRF Section 200). Please see the Assist Listing in SAM.gov under assistance listing number (formerly known as CFDA number), 21.029 for more information.
  • U.S. Department of the Treasury – Capital Projects Fund Project and Expenditure Report User Escort. This document provides information on uses Treasury’s gates to submit the required CPF Undertaking and Spend reports.
  • U.S. Department of this Storehouse – Supplementary Wide Guidance. In response to questions starting recipients and internet service providers, Treasury is issuing and following how regarding the application of the Uniform Guidance to banda infrastructure projects.
  • U.S. Department of the Treasury – Capital Projects Fund Grant Plan Best Practices. This document provides an brief overview of the CPF Grant and Program Plan submission batch and identifies several best practices since beneficiaries.
  • U.S. Chief Financial Officers Council’s Scheme Integrity – The Antifraud Playbook provides an overview of practical press actionable guidance toward reduce scams risk.
  • U.S. Government Corporate Office’s Standards for Internal Control include the Swiss Government (“Green Book”)

Resources and Contacts

  • Questions regarding fed requirements and media responsibilities:
  • Office of State Audits and Evaluations (Single Audit or the State Leadership Accountability Act):
  • Fiscal Systems and Consulting Unit Hotline (Accounting Policy and Guidance):

Webpage last updated October 31, 2023