The Federal Funding Accountability and Transparency Act of 2006, ensures that information on federally funded grants and contracts is available to the public via an online, searchable database. Grantee institutions are responsible for reporting executive compensation and subaward information in the Federal Subaward Reporting System. As of November 10, 2011, NIH has expanded our Transparency Act reporting requirements. In addition to all new awards (type 1), any subsequent actions on new (type 1) awards made since October 1, 2010 fall under the reporting requirement. For example, you are now required to report on the non-competing continuation (type 5) of a new award made December 2010.
To figure out if your grant requires reporting, please review the Terms and Conditions section (section III) in the Notice of Award. The details of this policy are described in NOT-OD-12-010.
This is a good time to remind our grantee institutions that you must maintain active registration in the Central Contractor Registry database throughout the lifetime of your awards, and all subrecipient institutions must have a DUNS number. These universal identifiers enhance the quality of information provided to the public and are required. So don’t forget to renew your CCR registration annually. We can’t make your award without it.
For more information on the Transparency Act, visit NIH’s Federal Funding Accountability and Transparency Act webpage.
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