This collection
is approved with the following terms of clearance: GSA is approved
an emergency clearance for the collection to meet the Federal
Funding Accountability and Transparency Act requirements. This
collection will be valid for 180 days. If GSA decides to continue
use of the form past the approved emergency clearance time period,
they must resubmit to OMB under the normal PRA clearance process
for a three year approval.
Inventory as of this Action
Requested
Previously Approved
01/31/2011
6 Months From Approved
23,358
0
0
23,358
0
0
0
0
0
The Transparency Act requires
information disclosure of entities receiving Federal financial
assistance through Federal awards such as Federal contracts,
sub-contracts, grants, and sub-grants, FFATA § 2(a)(2)(i),
(ii).
Emergency review and
clearance of this Paperwork Reduction Act is essential to the
implementation of the Federal Funding Accountability and
Transparency Act (FFATA, Transparency Act, or Act). Without
expedited OMB review and approval, prime grant awardees will be
unable to report subaward and executive compensation data pursuant
to FFATAs transparency requirements for new grant awards as of
October 1, 2010. GSA requests OMB review and clearance of this
information collection by July 30, 2010. Approval by this date will
allow all federal agencies to properly notify potential grant
awardees of the new information collection requirements associated
with applicable grants. With such notification, potential grant
awardees will have sufficient opportunity to manage internal
business processes and administrative systems to facilitate
reporting beginning October 1, 2010.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.