Recipients who received one or more payments exceeding $10,000, in the aggregate, during a Payment Received Period are required to report in each applicable Reporting Time Period as outlined in the table below.
| Payment Received Period (Payments Exceeding $10,000 in Aggregate Received) | Deadline to Use Funds | Reporting Time Period | |
|---|---|---|---|
| Period 1 | From April 10, 2020 to June 30, 2020 | June 30, 2021 | July 1, 2021 to September 30, 2021* |
| Period 2 | From July 1, 2020 to December 31, 2020 | December 31, 2021 | January 1, 2022 to March 31, 2022 |
| Period 3 | From January 1, 2021 to June 30, 2021 | June 30, 2022 | July 1, 2022 to September 30, 2022 |
| Period 4 | From July 1, 2021 to December 31, 2021 | December 31, 2022 | January 1, 2023 to March 31, 2023 |
Download Important Dates (PDF - 81 KB)
*Grace period ended on November 30, 2021.
Recipients who received one or more payments totaling greater than $10,000 in the aggregate during a Payment Received Period must use the funds by the Deadline to Use Funds and must report for each applicable Reporting Period. Refer to the latest Post-Payment Notice of Reporting Requirements (PDF - 232 KB) for additional information.
- The Payment Received Period describes a specific time period when the recipient received one or more payments. The payment is considered received on the deposit date for automated clearing house (ACH) payments or the check cashed date. There are four Payment Received Periods during the time frame April 10, 2020 to December 31, 2021.
- The Period of Availability of funds describes the consecutive months in which the recipient may use the payment for eligible expenses or lost revenues incurred.
- The Deadline to Use Funds is the last date in which the recipient may use payments for eligible expenses, including services rendered, and lost revenues attributable to coronavirus.
- The Reporting Time Period describes when the recipient must report on the use of funds. Recipients who do not report within the respective reporting time period will be considered out of compliance with payment Terms and Conditions and funds may be subject to recoupment.
