federal funding accountability and transparency act of 2006 (ffata)
TRANSCRIPT
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FEDERAL FUNDING ACCOUNTABILITY AND
TRANSPARENCY ACT OF 2006 (FFATA)
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Subaward and Executive Compensation
Requires prime recipients to report on first-tier subawards of $25K or more.
Requires prime recipients to report executive compensation for prime or subawards if: The organization received 80% or more of its
annual gross revenues in Federal awards and those revenues are greater than $25 million; and
The public does not have access to information about executive compensation through periodic reporting.
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When to Report
For Federal awards of $25K or more made on or after October 1, 2010, the prime recipient must report first-tier and executive compensation data.
Not applicable to supplements made on or after October 1, 2010.
Data must be reported in FSRS the following month after the obligation is made. Example: Awards made during October 2010
will have until November 30, 2010 to report.
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Prime recipients must report FFATA requirements in the (FFATA) Subaward Reporting System (FSRS) https://www.fsrs.gov/.
Subaward and Executive Compensation
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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Registration Help
After submitting this form, you will receive an email to verify the information. Only after following the instructions in the email will your account be activated.
FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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FSRS Home Page
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Award recipients have 90 days after the end date of the award to close out the award.– Cash Reconciliation
• Request reimbursement of funds to cover expenditures.
• The Federal expenditures must be equal to or greater than the cash disbursements from the awarding agency.
– Drawdown of Funds• Request final payment• Funds will be frozen after 90 days
Closeouts
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CLOSEOUT REQUIREMENTS:
Final Federal Financial Report (SF-425)
Final Progress Report
Refund Excess Cash
Closeouts
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Refund excess cash Make check payable to DOJ/Office of Justice
Programs Cover letter or voucher containing the grant
number for the refund, itemization of funds and the unobligated balance.
Printout of the final SF-425 report which supports the amount of the refund
Failure to remit payment to OJP will be referred to the U.S. Department of the Treasury for collection.
Closeouts
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2013 OJP Financial Guide
Financial Guide
Electronic Access for the OJP Financial Electronic Access for the OJP Financial Guide via InternetGuide via Internet
http://www.ojp.usdoj.gov/financialguide
General Information Pre-award Requirements Post Award Requirements Organization Structure Appendices
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OCFO Financial Questionsvia Telephone/Internet
OCFO Customer Service Center Monday through Friday
8:30 am - 6:00 pm ET1-(800) 458-0786 or (202) 305-9988
FAX (202) 353-9279
OCFO e-mail Address: [email protected]
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Over 2,228 Programs 15 Types of Assistance 66 Agencies Search by Keyword
http://www.cfda.gov
Catalogue of Federal Domestic Assistance (CFDA)
HOW TO ACCESS GRANT $$
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For more informationCall the Federal Service Desk:
1-866-606-8220
FEDERAL DOMESTIC ASSISTANCECATALOG STAFF
307 - 7th Street, S.W.Room #101
Washington, D.C. 20407
HOW TO ACCESS GRANT $$
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Electronic Access to Circulars & Common Rules via Internet
OMB Home Page: www.whitehouse.gov/omb/
http://ecfr.gpoaccess.govClick “Code of Federal Regulations”
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