American Recovery and Reinvestment Act (ARRA)
As part of the American Recovery and Reinvestment Act of 2009 (ARRA), agencies which received ARRA funding have been required to report quarterly on spending and jobs created. Recovery.gov is the website "to foster greater accountability and transparency in the use of funds made available in this Act” and provides public access to data on ARRA awards and contracts.
Federal Funding Accountability and Transparency Act (FFATA)
Since September 2006, the Federal Funding Accountability and Transparency Act (FFATA) has required agencies to make grant and contract award information available for search by the public, and USAspending.gov has been providing public access to data on federal financial assistance awards and contracts.
The Federal Subaward Reporting System (FSRS) collects data from federal prime contractors on subcontracts they award. The FSRS collects subaward and executive compensation data on most new contracts and grants awarded by federal agencies on or after October 1, 2010.
Awardees of grants that are $25,000 or more and received after October 1, 2010 must report subawards greater than $25,000, and executive compensation. Classified information remains exempt from the prime and subaward reporting requirement.
Page last modified January 29, 2014