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Transparency Act

Transparency Act. Highlights and Timeframes for Implementation of the Act June 10 th , 2008. Background. President signed the Federal Financial Accountability and Transparency Act (Transparency Act) on September 26, 2006.

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Transparency Act

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  1. Transparency Act Highlights and Timeframes for Implementation of the Act June 10th, 2008

  2. Background • President signed the Federal Financial Accountability and Transparency Act (Transparency Act) on September 26, 2006. • The law mandated 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. Timeline • January 1, 2008: Single searchable website for awards • January 1, 2009: Include subcontractor and subgrantee award • Waiver for entities that prove they have annual gross revenues from previous tax year <$300,000 • January 1, 2010: Comptroller General Report to Congress on compliance • Annually: Report to Congress on implementation progress

  4. Awards Website Overview • Managed by a special Task Force • USAspending.gov went live December 13, 2007 • Components: • Name of Entity Receiving Award • Award Amount • Transaction type • Funding agency • North American Industry Classification Code of Catalog of Federal Domestic Assistance number • Program source • Descriptive award title • Entity physical address • Unique identifier of entity and parent entity • Other relevant information • Other guidelines: • Data must be available within 30 days of award

  5. Current Data Submission • 26 Agencies have submitted data • Data Quality metrics: • Timeliness of data provided by each agency • Data Completeness • Available soon: • Accuracy of Agency Data Timeliness of data provided by agencies

  6. Current Status • Grants data is submitted in FAADS Plus Format • FY07 data was submitted by November 30, 2007 • Website data was updated April 29, 2008 • Grants Subaward requirements were published in the Federal Register on June 6, 2008 for public comment • Subaward pilot occurring June 23rd- August 23rd

  7. Next Steps • Taking action to improve the quality of the data on USAspending.gov: • Making immediate changes to the website to clearly communicate data quality issues, including more transparent reporting of agency progress and better explanation of procedures. • Developing an agency data submission portal, where agencies can track the status of their submissions and enter key metadata that will be used for quality assurance (i.e. batch totals). • Developing quality assurance procedures for agencies submitting data to USAspending.gov.

  8. Transparency Act 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

  9. Transparency Act 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

  10. Transparency Act 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

  11. 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 Transparency Act webcast on demand, or at the very least submit a comment today on http://www.USAspending.gov.

  12. 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 Task Force and joint Transparency Act-Grants Policy Committee: http://grants.gov/aboutgrants/grants_news.jsp • Webcast Feedback: GPCWebcast@nsf.gov

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