The Federal Funding Accountability and Transparency Act (FFATA) was signed on September 26, 2006. The FFATA legislation requires information on “Federal award” spending be made available to the public via a single, searchable website, which is USAspending.gov.
“Federal award” includes the Prime awardees’ grants, contracts, cooperative agreements, loans, and Prime awardees’ first-tier subawards and subcontracts. Under federal contracts (not grants) the term “subcontracts” includes purchase order spending.
Federal agencies do not have Prime awardees’ lower tier subaward and subcontract spending activity and under the Act have implemented requirements that Prime Awardee s’ report this spending activity into the FFATA Sub-award Reporting System (FSRS).
Questions? Contact the DSP Subaward team.
Grants:
Contracts:
The Division of Sponsored Programs (DSP) has registered the University of Florida in FSRS.gov system.
Once the data has been submitted, the public will have access to this information through the single, searchable website USASpending.gov.
We have until the end of the month plus one additional month after a subaward is obligated to fulfill the reporting requirement. For example, if a sub-award was made on December 2, 2010, DSP has until January 31, 2011 to report the subaward information.
The following are examples of data that must be reported:
Prime awardees must report executive compensation information for prime and/or sub-awardees if: