8.1.5: USASpending.gov
Ccomply with USASpending.gov reporting cycles. Other Information:
USASpending.gov is the Office of Management and Budget’s public requirements of the Federal Funding Accountability and Transparency
Act of 2006 (Transparency Act or FFATA). Data on USASpending.gov are largely obtained from the Federal Procurement Data System
(FPDS), which contains information about federal contracts, and the Federal Assistance Award Data System (FAADS), which contains
information about federal financial assistance such as grants and assistance. Data are also obtained from agency submissions
via OMB’s FAADS PLUS file format. DOL does not have direct loans, loan guarantees, defaulted guaranteed loans or insurance.
Since 2007, DOL has complied with USASpending.gov reporting cycles as documented on the site’s data transmission and compliance
dashboard. Current performance is based on the timeliness and content of data submission. To view current DOL USASpending.gov
performance, visit: http://www.usaspending.gov/data/dataquality.php To send assistance data to USASpending.gov, DOL uses its
E-Grants system. Grant data captures the requisite information from Grant Awards, which is transferred into periodic data
files for upload to USASpending.gov on a monthly cycle. DOL has instituted a data validation process to ensure the consistency
and accuracy of its grants award data. DOL uses its E-Procurement system (EPS) to collect, report, and transmit contract award
data to FPDS. DOL relies upon the data validation and edit-check features found within FPDS to ensure the accuracy and completeness
of its contract award data. These financial data are transmitted to USASpending.gov by FPDS and OMB then posts these data
on USASpending.gov on a monthly basis. DOL has consistently complied with USASpending.gov reporting requirements to date;
however, DOL is currently developing its Open Government Data Quality Framework and Data Quality Plan, which will formalize
a strategy to enhance the quality of spending information.
Indicator(s):
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