CCI's financial management system supports that funds drawn under the two cooperative agreements are reasonable, allocable and allowable in accordance with federal requirements and the terms and conditions for the Diesel Emissions Reduction Act. However, the system does not meet certain federal requirements under the Code of Federal Regulations in 40 CFR 30.21, as it was unable to provide timely financial information and reporting. As a result, there was limited assurance that the recipient claimed all eligible costs or the financial management system and Federal Financial Reports reflect the actual costs. CCI generally complied with the applicable Recovery Act requirements. We reviewed CCI's compliance with select Recovery Act requirements and determined that: The Buy American requirements under Section 1605 of the Recovery Act were not applicable. The Wage Rate requirements under Section 1606 of the Recovery Act were met. CCI's methodology for calculating its estimate of the number of jobs created or retained with Recovery Act funding did not meet Office of Management and Budget reporting guidance for Section 1512 of the Recovery Act.