FFATA Act (2006)
Federal Funding Accountability and Transparency Act (2006)
The Federal Funding Accountability and Transparency Act (FFATA), signed into law in 2006, required information about Federal awards to be posted on a single, searchable website that is open for public access.
The website, USAspending.gov, initially contained Federal award data published by the Office of Management and Budget (OMB). Under the OMB's guidance in 2010, recipients of Federal awards were required to begin reporting data using the FFATA Subaward Reporting System (FSRS) tool.
Effective Date: September 26, 2006
Entry Type: Law
Document Citation: S. 2590