Requirements for Federal Funding Accountability and Transparency ACT Implementation (Us Office of Management and Budget Regulation) (Omb) (2018 Edition)

Requirements for Federal Funding Accountability and Transparency Act Implementation (US Office of Management and Budget Regulation) (OMB) (2018 Edition) The Law Library presents the complete text of the Requirements for Federal Funding Accountability and Transparency Act Implementation (US Office of Management and Budget Regulation) (OMB) (2018 Edition). Updated as of May 29, 2018 OMB is issuing interim final guidance to agencies to establish requirements for Federal financial assistance applicants, recipients, and subrecipients that are necessary for the implementation of the Federal Funding Accountability and Transparency Act of 2006, hereafter referred to as "the Transparency Act" or "the Act." This interim final guidance provides standard wording for an award term that each agency must include in grant and cooperative agreement awards it makes on or after October 1, 2010, to require recipients to report information about first-tier subawards and executive compensation under only those awards. This implementation of the requirement for reporting of subawards and executive compensation under Federal assistance awards parallels the implementation for subcontracts and executive compensation under Federal procurement contracts, which is in the Federal Acquisition Regulation. This book contains: - The complete text of the Requirements for Federal Funding Accountability and Transparency Act Implementation (US Office of Management and Budget Regulation) (OMB) (2018 Edition) - A table of contents with the page number of each section