In accordance with the Federal Funding Accountability and Transparency Act (FFATA or Transparency Act), prime awardees of individual Federal grants that are equal to or greater than $25,000 and awarded on or after October 1, 2010, are required to report on data related to executive compensation and associated first-tier sub-grants of $25,000 or more. The Office of Management and Budget (OMB) has issued two memorandums that provide guidance on the collection and reporting of sub-award data by Federal agencies. The following provides an overview of FFATA reporting requirements, including reporting timelines and required data. This page will be updated with additional guidance as it becomes available. For information on all reporting requirements for High-Speed Intercity Passenger Rail Program (HSIPR) grant recipients, please refer to the HSIPR Program Recipient FAQs.
Exception for Recovery Act Grants
Grants that are funded by the Recovery Act are not subject to FFATA reporting requirements.
Other exceptions are given in the August 27, 2010 OMB memorandum on Federal Spending Transparency and Subaward and Compensation Data Reporting.
FFATA Report Requirements
All prime recipients of individual Federal grants of $25,000 or more that are awarded on or after October 1, 2010, are required to report sub-award and executive compensation data on the FFATA Subaward Reporting System (FSRS) at http://www.fsrs.gov/. Note that if the initial award is below $25,000 but subsequent grant modifications result in a total award equal to or over $25,000, the award is subject to the reporting requirements, as of the date the award.
Prime awardees must report executive compensation information for prime and/or sub-awardees if:
- The entity in the preceding fiscal year received 80 percent or more of its annual gross revenues from Federal awards;
- The entity received $25 million or more in annual gross revenues from Federal awards; and,
- The public lacks access to executive compensation data via periodic reports filed by the entity in compliance with SEC and IRS requirements.
FFATA Report Timeline
Prime grant recipients must submit FFATA required data into FSRS by the end of the month, plus 30 days, in which the award or award amendment is made. For example, if a sub-award was made on October 15, 2010, the prime recipient has until November 30, 2010 to report the sub-award information.
Non-compliance with the FFATA reporting requirement is a violation of the award, and FRA reserves the right to take action, as outlined in the award agreement, to ensure compliance.
FFATA Report Summary
*Some prime and sub award information will be pre-populated in the online FFATA form with data from the Federal Assistance Award Database System (FAADS) and Central Contractor Registration System (CCR).
**A prime recipient is an entity that directly receives Federal funding to implement a project.
Prior to submitting FFATA reports, prime recipients must register in the new FFATA Subaward Reporting System (FSRS) at http://www.fsrs.gov/.
1) Obtain a Unique Entity Identifier (UEI), or the Entity ID. To find or request a UEI, please visit www.sam.gov.
2) Central Contractor Registry (CCR) registration
Additional Resources for FFATA Reporting
For additional information on FFATA reporting, please refer to the training and informational materials provided on USASpending.gov.
For questions regarding FFATA reporting, please refer to the USASpending.gov FAQs related to sub-award reporting.
OMB has issued the following guidance on the implementation of key FFATA requirements, including reporting:
- Interim Final Guidance on Requirements for Federal Funding Accountability and Transparency Act Implementation September 14, 2010 (PDF 106 KB)
- Memorandum for Senior Accountable Officials: Open Government Directive – Federal Spending Transparency and Subaward and Compensation Data Reporting August 27, 2010 (PDF 620 KB)
- Memorandum for Senior Accountable Officials Over the Quality of Federal Spending Information: Open Government Directive – Federal Spending Transparency April 6, 2010 (PDF 85 KB)