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Federal Funding Accountability and Transparency Act of 2006

Federal Funding Accountability and Transparency Act of 2006. Highlights and Timeframes for Implementation of the Act. Background. President signed bill on September 26, 2006.

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Federal Funding Accountability and Transparency Act of 2006

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  1. Federal Funding Accountability and Transparency Act of 2006 Highlights and Timeframes for Implementation of the Act

  2. Background • President signed bill on September 26, 2006. • The law mandates the creation of a searchable website for the public to search funding by data elements. Public must be able to: • Ascertain amount of Federal funding awarded to an entity • Download results of search

  3. Current Data Submission • 26 Agencies have submitted data • Data Quality Metrics: • Timeliness of data provided by each agency • % of total agency data currently reported and available • Available Spring 2008: • Accuracy of agency data Percentage of data currently available by agency

  4. Current Status • OMB issued final guidance for input • New guidance issued by OMB on March 6, 2008 details operational guidelines and details • Grants data to be submitted in FAADS Plus Format • FY07 data was submitted by November 30, 2007 • Submit to usaspending@gsa.gov • FTP alternate file submission procedure • Email usaspending@gsa.gov • Subject Line “Transparency Act FTP Request” • Provide two points of contact: • FAADS Quarterly submission unchanged • Grant Sub-Awards definition being finalized for Federal Register

  5. FFATA DATA FLOW Grants Agency DB FAADS Agency DB Agency DB Contracts GSA (FAADS+, Procurement +) FPDS FFATA Warehouse Agency Data Web / App Server USAspending.gov Phase 1 US Citizen

  6. FFATA DATA FLOW Agency DB Grants FAADS Agency DB Agency DB Grants Contracts GSA (FAADS+) FPDS FFATA Warehouse Agency Data Web / App Server USAspending.gov Phase 2 US Citizen

  7. FFATA DATA FLOW Agency DB Agency DB FAADS Agency DB FPDS Batch / Synch Scripts Agency DB Agency DB Web Services Agency DB FFATA Warehouse XML Schema Agency Data Federated Search Aggregator Web / App Server USAspending.gov Phase 3 US Citizen

  8. Action Checklist for recipients of Federal Funds • Ensure that you are making all preparations necessary for reporting accurate information pertaining to your organization’s subawards. • Be prepared to meet timely reporting requirements for each obligation of funds under a subaward: • Federal agencies will expect requisite data • Will be a condition of your award • Be prepared for heightened public scrutiny of your federal government grants, cooperative agreements, other types of Federal financial assistance and contracts. • Get involved! Participate in a subaward pilot, view the FFATA webcast on demand, or at the very least submit a comment today on http://www.USASpending.gov.

  9. Learn more about the Task Force • Visit the USASpending.gov Community Requirements Wiki: Located under “Provide Feedback” at www.USASpending.gov • Recent webcasts with the Taskforce and joint FFATA-Grants Policy Committee: http://grants.gov/aboutgrants/grants_news.jsp • Webcast Feedback: GPCWebcast@nsf.gov

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