Transparency Act Requirements Clause Samples
Transparency Act Requirements. The Sub-Recipient/Contractor must ensure that they have the necessary processes and systems in place to comply with the reporting requirements of the Federal Funding Accountability and Transparency Act of 2006 (Pub. Law 109-282, as amended by section 6202 of Pub. Law 110-252) (Transparency Act), as follows: The following types of awards are not subject to the Federal Funding Accountability and Transparency Act:
A. Federal awards to individuals who apply for or receive Federal awards as natural persons (i.e., unrelated to any business or non-profit organization he or she may own or operate in his or her name);
B. Federal awards to entities that had a gross income, from all sources, of less than $300,000 in the entities' previous tax year; and
C. Federal awards, if the required reporting would disclose classified information.
Transparency Act Requirements. Awards under these programs are included under the provisions of P.L. 109-282, the “Federal Funds Accountability and Transparency Act of 2006” (FFATA). Under this statute, the State is required to report information regarding executive compensation and all subgrants, contracts and subcontracts in excess of $25,000 through the Federal Subaward Reporting System (▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/) and in accordance with the terms found in Federal regulations at 2 CFR Part 170, including Appendix A. Therefore, all sub recipients, who meet this threshold, will be required to furnish this information to the division within ADECA, which is funding the sub recipient agreement. Specific reporting processes will be provided by the applicable ADECA division to sub recipients. Active enrollment in the System for Award Management is a condition of payment. It is the purpose of ADECA under this Agreement to provide to the Recipient Federal assistance in the form of Community Development Block Grant funds in order that the Recipient can provide certain assistance and services as described in this Agreement. It shall be the responsibility of the Recipient to carry out the performance of the services described herein in a satisfactory and proper manner in accordance with all Federal, State, and local laws. It shall be the further responsibility of the Recipient to see that all contracts or subcontracts for said work are executed and performed in accordance with all applicable Federal, State and local laws. ADECA shall not be liable for the failure on the part of the Recipient or any contractor or subcontractor on the project to perform all work in accordance with all applicable laws and regulations.
Transparency Act Requirements. Awards under these programs are included under the provisions of P.L. 109-282, the “Federal Funds Accountability and Transparency Act of 2006” (FFATA). Under this statute, the State is required to report information regarding executive compensation and all subgrants, contracts and subcontracts in excess of $25,000 through the Federal Subaward Reporting System (▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/) and in accordance with the terms found in Federal regulations at 2 CFR Part 170, including Appendix A. (NOTE: This requirement became applicable to all mandatory grant programs July 1, 2011.)
Transparency Act Requirements. Applicants must ensure that they have the necessary processes and systems in place to comply with the reporting requirements of the Federal Funding Accountability and Transparency Act of 2006 (P.L. 109-282, as amended by § 6202 of P.L. 110-252) (Transparency Act). All applicants, except for those excepted from the Transparency Act, must ensure that they have the necessary processes and systems in place to comply with the sub-award and executive total compensation reporting requirements of the Transparency Act, should they receive funding. Upon award, applicants will receive detailed information on the reporting requirements of the Transparency Act, as described in 2 CFR Part 170, Appendix A. No sub-award of an award made under this RFA may be made to a sub-recipient that is subject to the terms of the Transparency Act unless that potential sub-recipient acquires and provides a DUNS number.
Transparency Act Requirements. This Agreement is included under the provisions of P.L. 109-282, the “Federal Funds Accountability and Transparency Act of 2006” (FFATA). Under this statute, the State is required to report information regarding executive compensation and all subgrants, contracts and subcontracts in excess of $25,000 through the Federal Subaward Reporting System (▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/) and in accordance with the terms found in Federal regulations at 2 CFR Part 170, including Appendix A.