• : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home5/govzinec/public_html/sites/all/modules/drigg/drigg/helpers.inc on line 613.
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  • warning: Parameter 1 to drigg_link() expected to be a reference, value given in /home5/govzinec/public_html/includes/module.inc on line 406.
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2

OMB’s latest DATA Act guidance highlights PII, financial assistance

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Personally identifiable information and data “validity” are the focus of the Office of Management and Budget’s latest DATA Act guidance.In a Nov. 6 memo to agencies, OMB delves into detail for reporting certain types of federal financial assistance and awards under the Digital Accountability and Transparency Act.The guidance does not change or affect any existing policy, OMB clarifies, but does “further [specify] (1) responsibilities for reporting financial information for awards involving Intragovernmental Transfers (IGTs), (2) guidance for reporting financial assistance award records containing personally identifiable information (PII), and (3) guidance for agencies to provide the Senior Accountable Official (SAO) assurance over quarterly submissions to USASpending.gov,” the memo states.According to the latest guidance, two types of intragovernmental transfers are included under DATA Act reporting: allocation transfers and buy/sell transactions.OMB directs agencies that starting with their first DATA Act reporting on allocation transfers, the agency will “submit and assure the appropriations information, program activity and object class, and award financial information for allocation transfers for display on USASpending.gov.”As for buy/sell transactions, both the awarding and funding agencies must submit information for spending reports.Under the new guidance, if a Federal Award Identification Number (FAIN) is included in details for a single award, the agency should report that award to USASpending “as a single, discrete record.”If single award-level reporting isn’t possible, agencies can report aggregated awards at a county or state level.As of the Nov. 6 guidance, however, the DAIMS [DATA Act Information Model Schema] only offers guidance for aggregate county level.OMB directs agencies to continue the county-level reporting practice until that schema is modified.The guidance is the latest in a  series of OPM memos and updates for agencies, as they prepare for the May 2017 implementation of the DATA Act.Officials with OMB and Treasury — the two agencies spearheading the DATA Act’s implementation — stand by the progress toward full adoption, while GAO auditors have repeatedly warned that the federal spending standardization could fall behind if agencies don’t get in line with the legislation’s requirements.In early August, a GAO report warned that Treasury’s 4-month delay for releasing its schema version 1.0, triggered the delay of industry software patches while companies waited for a “stable version of the schema.”That assessment came on the heels of another GAO report that said the full rollout of the DATA Act is at risk if OMB and Treasury don’t take steps to improve the review of agency plans and monitoring of progress updates.Read More...

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Created by nolan 22 weeks 6 days ago – Made popular 22 weeks 6 days ago
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