Feb 23, 2015
From the Government Institute
The Digital Transparency and Accountability Act of 2014 (DATA Act) is intended to increase the quality of the information captured in USASpending.gov through a uniform reporting process anchored by common data standards and by strengthening data quality oversight.
The new data standards and other DATA Act requirements will change the way spending data is reported and analyzed across government. It is imperative the grant community has a clear understanding of what is expected and be engaged from the outset in implementation.
This article, first published in the Journal of the National Grants Management Association, discusses the requirements of the DATA Act, what it means for the grant community, the implementation timeline, and how the grant community can prepare for this landmark legislation.