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OMB Memo: Federal Funding Accountability and Transparency Act System

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FCW.com: “The Office of Management and Budget has issued preliminary instructions Nov. 9 to agencies on how to report contract, grant and other types of financial data for inclusion in the Federal Funding Accountability and Transparency Act (FFATA) system.”

  • President Bush Signs Federal Funding Accountability and Transparency Act, September 26, 2006: “This bill is going to create a website that will list the federal government’s grants and contracts. It’s going to be a website that the average citizen can access and use. It will allow Americans to log onto the Internet just to see how your money is being spent. This bill will increase accountability and reduce incentives for wasteful spending.”
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