On 12/16/14 we will be talking about the Digital Accountability and Transparency Act Act — DATA Act for short – that will go into effect on December 26, 2014.
The DATA Act, which was passed unanimously in both the House and Senate and was signed into law May 2014. The purpose of the DATA Act is to establish government-wide financial data standards an increase the availability, accuracy, and usefulness of Federal spending information. The DATA Act is the nation’s first legislative mandate for data transparency. It requires the Department of the Treasury and the White House Office of Management and Budget to transform U.S. federal spending from disconnected documents into open, standardized data, and to publish that data online.
Office of Management and Budget (OMB) released the final guidance for the Uniform Administration Requirements, Cost Principles and Audit Requirements for Federal Awards on December 26, 2013. The new Uniform Guidance is a key component of this larger Federal effort to more effectively focus Federal resources on improving performance and outcomes while ensuring the financial integrity of taxpayer dollars in partnership with non-Federal stakeholders.
For Grant Professionals, no matter where you work – consultant, nonprofit, government or university – you will be impacted by these changes. For a quick overview of the Federal Grant Reform, check out Jo’s 2013 presentation, ‘ How Will Federal Grant Reform Impact the Grant Professi0nal – DATA Act”
If you have a blog post or have an article that you would like to share about the topic, we would love for you to do so in the comment section or by using the #grantchat on the social media network of your choice.
Q1: Do you develop federal grant applications? or is your org a subrecipient or vendor receiving federal (pass through) funds? #grantchat
Q2: What have you and or your organization or clients done to prepare for the new #DATAAct / new uniform guidance? #grantchat
Q3: What tools, resources or training programs would you recommend for organizations impacted by the #DATAAct and new uniform guidance? #grantchat
Q4: How will the #DATAAct and new Uniform Guidance impact your grant development and grants management duties? #grantchat
Q5: Will you/have you changed the way you contract with vendors, consultants, and subrecipients to prepare for the #DATAAct? #grantchat
Q6: What are your biggest fears or concerns with for your job or organizations as the #DATAAct goes into full effect? #grantchat
Q7: What could be the short term or long term benefits for our organization and partnerships from the #DATAAct or #uniformguidiance? #grantchat
Q8: Who do you think could ‘fall through the cracks’ in preparing for or implementing #uniformguidance and the #DATAAct? Why? #grantchat
Q9: What could be the greatest benefits to the Grant Profession as a result of the #DATAAct? #grantchat
Q10: What questions do you have about the #DATAAct or #uniformguidiance? What topic should we dig into on #grantchat?