6D(6) Brownfields Grant Agreement - former RR property south of Studebaker Stamping

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EPA Summary of OMB's December 18, 2009 Updated Guidance on Reporting of Job Estimates To be posted at http; / /www.epa.gov /recovery Step by step instructions and examples for calculating estimates of jobs created and retained (section 5.4) 1. Assess which hours worked should be included in the FTE calculation (the numerator of the FTE calculation). Use payroll information to include only funded jobs; i.e. those for which the wages or salaries are either paid for or will be reimbursed with Recovery Act funding. 2. Represent the full -tune schedule in hours, for the reporting quarter (the denominator of the FTE calculation — for a 40 hour work week, the denominator will be 520 hours) 3. Enter the calculations for the numerator and denominator into the FTE formula to calculate the "Number of Jobs" Additional instructions for jobs partially funded by the Recovery Act o The recipient should assess what portion of each employee's hours worked are funded by the Recovery Act. If the recipient knows the overall portion of Recovery Act funds used to pay the salary of its employees, but does not have that information for each individual employee, the recipient should adjust the job estimate based on the proportion of funding associated with the Recovery Act. See section 5.5 for detailed examples. o If the employees were hired for a defined period of time (e.g., one year) with a plan to use both Recovery Act and non - Recovery Act funds to pay their salaries, the recipient should adjust their FTE estimate by the share of the overall project funded by the Recovery Act, regardless of when the Recovery money was spent. See section 5.8. o If the employees were hired for an indefinite period, each quarter the recipient must determine the percentage of work hours (if any) funded by the Recovery Act for that quarter. See section 5.8. Additional instructions for jobs paid initially with non - Recovery Act dollars. Jobs paid initially with non - Recovery Act dollars may be reported as created or retained as long as such dollars eventually will be reimbursed with Recovery Act funds. See section 5.9.