Who has to report Ffata?

FFATA Report Requirements All prime recipients of individual Federal grants of $25,000 or more that are awarded on or after October 1, 2010, are required to report sub-award and executive compensation data on the FFATA Subaward Reporting System (FSRS) at http://www.fsrs.gov/.

Is Ffata reporting still required?

FFATA (Federal Funding Accountability and Transparency Act) reporting is required by all prime awardees that enter into subawards for $25,000 or greater.

What is Ffata reporting NIH?

Federal Funding Accountability and Transparency Act. The Federal Funding Accountability and Transparency Act of 2006 (FFATA), ensures that the public can access information on all entities and organizations receiving Federal funds.

Is Subrecipient exempt from reporting compensation?

d. If, in the previous tax year, you had gross income, from all sources, under $300,000, you are exempt from the requirements to report: Subawards,and. The total compensation of the five most highly compensated executives of any subrecipient.

What is the purpose of Ffata?

The Federal Funding Accountability and Transparency Act (FFATA) was signed on September 26, 2006. The intent is to empower every American with the ability to hold the government accountable for each spending decision. The end result is to reduce wasteful spending in the government.

What does Ffata stand for?

Federal Funding Accountability and Transparency Act
◉ The Federal Funding Accountability and Transparency Act (FFATA) of 2006 (Public Law 109-282) requires for each Federal award of $25,000 or more that OMB create a searchable, no-cost, publicly accessible website (http://usaspending.gov/) that includes basic information about the recipient and the project being funded.

Does a subrecipient need a DUNS number?

Unique Entity Identifier/DUNS Number (2 CFR 25) – Prospective recipients and first tier subrecipients must obtain a Dun and Bradstreet Data Universal Numbering System number (referred to in 2 CFR Part 25 as a “unique entity identifier”) to be eligible to receive federal assistance, such as grants and cooperative …

What is a first-tier Subawards?

First-tier subawards. This requirement kicks in when you make any subaward obligation equal to or greater than $25,000. You must file a report in the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS) no later than the end of the following month.

What is a first-tier Subaward?

Does a subrecipient have to be registered in SAM?

Subrecipients are not required to obtain an active SAM registration, but must obtain a Unique Entity Identifier.

Do Subawards need SAM registration?

Subrecipients are not required to register in SAM based upon USAID determination. Recipients and subrecipients may be exempt from the executive compensation reporting requirement based on USAID determination. Recipients may be exempt from the subaward reporting requirement based on USAID determination.

What does the DATA Act do?

The DATA Act sets the government on an aggressive schedule to accomplish two basic tasks: first, apply standard data elements and a government-wide data format to all federal spending information and second, publish all spending information as a unified open data set.

What is an Ffata form?

The Federal Funding Accountability and Transparency Act (FFATA), signed into law in 2006, required information about Federal awards to be posted on a single, searchable website that is open for public access.

Does a subrecipient need a DUNS Number?

Do subcontractors need to be in Sam gov?

In response to comment # 5 –APPLICABILITY TO SUBCONTRACTORS, the Councils stated unequivocally, “Subcontractors or consultants to prime contractors are not required to be registered in SAM.”