Understanding the Reporting and Oversight Process
In 2006, the Federal Funding Accountability and Transparency Act (FFATA) set in motion a government-wide reporting procedure that has continued to evolve.
The law requires that information about entities and organizations receiving federal funds be disclosed to the public via a central website, USAspending.gov. This information currently includes the entity's name, amount of the grant, funding agency, and location – among other requirements – and is published by the grant-making agency on USASpending.gov.
The federal award recipient – called the "prime awardee" by FFATA – files progress reports via the FFATA Sub-award Reporting System (FSRS).
Sub-recipients – those entities receiving sub-grants – submit data to the prime awardee. (Those sub-recipients with awards of $25,000 or more must have their data shared by the prime awardee through FSRS.)
The following chart lays out this process in a linear format: Sub-awardees give their reporting data to prime awardees; prime awardees submit all required data via FSRS; and federal grant-making agencies publish program data on USASpending.gov.
|Making Sense of the Grant Reporting Process|
Sub-awardees give their reporting data to prime awardees.
Prime awardees submit all required data via FSRS.
Federal grant-making agencies publish program data on USASpending.gov.
Types of Oversight
What kinds of data are federal award recipients expected to include in their reporting?
The information falls into one of three categories: financial data, such as expenses paid for with federal funds; compliance information to ensure the recipient is following federal regulations; and project data highlighting progress and/or community impact.
Grant-making agencies use this information, in part, to gauge the success of their own programs and initiatives.
The required information may be collected through several different channels, including regular progress reports, site visits, and audits (see table below).
|Progress Reports||Site Visits & Technical Assistance||Audits|
Grant recipients may receive site visits from the federal grantor agency. Such visits provide an opportunity for two-way communication between the grantor and the award recipient.
Technical assistance provided by the grantor is also a means for ensuring that the grant recipient is complying with the award agreement.
The Single Audit Act (amended in 1996) states that grant recipients may be subject to an audit once a year.
The audit aims to ensure compliance with government regulations and evaluate financial information, including expenses paid for with federal award funds.
Standard Grants Reporting Forms
Click here for more information about the following forms:
- SF-270, Request for Advance or Reimbursement
- SF-271, Outlay Report and Request for Reimbursement for Construction Programs
- SF-425, Federal Financial Report
- SF-425A, Federal Financial Report Attachment
- SF-428, Tangible Personal Property
- SF-429, Real Property Status Report
- Research Performance Progress Report (RPPR)
- SF-LLL, Disclosure of Lobbying Activities -- as revised in 1996
- SF-SAC, Data Collection Form for Single Audits