Report to Congress: DATA Act Pilot Program, Office of Management and Budget, August 10, 2017.

“In May 2017, the Administration enabled a new view of Federal spending that for the first time, linked Federal account information to awards. This represents the successful implementation of the centerpiece of the Digital Accountability and Transparency Act of 2014 (DATA Act) (Pub.L. No. 113-101). Reaching this milestone was the culmination of three years of effort by the Office of Management and Budget (OMB) and partner Federal agencies to transform the manner in which Federal financial information is provided to the public. The effort began with the standardization of key data elements shared across multiple functions, continued with the development of new linkages across government management processes, and resulted in an innovative new public display. The authors of the DATA Act believed that the increased interoperability of financial data systems could dramatically improve the efficiency of the Federal government, and significantly reduce the financial reporting burden of grantees, contractors and other parties that partner with the government…”