OMB concludes
review of this ICR with the following terms of clearance: (1)
Treasury’s definition of and methodology for calculating “value.”
OMB has recommended Benefit-Cost Analysis as the appropriate means
of determining savings and value. We are willing to allow
Treasury’s proposed approach for defining and determining value
(i.e. budgetary impact analysis) for the first round of SIPPRA
funding, on the condition that this approach will be revisited,
prior to issuance of subsequent NOFAs, particularly if the current
NOFA is only able to fund a limited number of viable projects or if
it proves unworkable in other ways. (2) Definition of “Benefits.”
EOP is willing to go forward without a definition of benefits in
the current NOFA with the understanding that Treasury will work
with OMB and OIRA to develop a definition of “benefits” if
subsequent NOFAs are issued. (3) Timeframe for response from
applicants. EOP is willing to go forward with the current timeframe
for applicant submission with the understanding that if there are
few applications, e.g. fewer than 7 submitted during this period,
Treasury, in addition to revisiting the above issues, will extend
the timeframe to a longer period, e.g. 180 days, in subsequent
NOFAs issued.
Inventory as of this Action
Requested
Previously Approved
08/31/2022
36 Months From Approved
08/31/2019
120
0
120
2,190
0
2,190
9,145,000
0
9,145,000
Authorized under the Bipartisan Budget
Act of 2018, the Social Impact Partnerships to Pay for Results Act
(SIPPRA), amends Title XX of the Social Security Act, 42 U.S.C.
1397 et seq., to provide $100 million in funding to implement
“Social Impact Partnership Demonstration Projects” (projects) and
feasibility studies to assist states and local governments in
applying for project funding. SIPPRA authorizes the Secretary of
the Treasury (Secretary) to enter into award agreements with state
or local governments for projects addressing entrenched social
problems. SIPPRA requires Treasury to conduct a request for
proposals for projects, make award decisions, and enter into
project award agreements. Treasury is publishing a Notice of
Funding Availability (NOFA) seeking applications for projects, and
anticipates that ten or more persons will respond to its notice
announcing availability of funding for SIPPRA projects. Although
Treasury is asking applicants to use the SF-424 family of common
forms for their applications, in order to effectively and efficient
assess and evaluate applications and ensure that projects comply
with statutory requirements, Treasury is also soliciting additional
detailed information from applicants. This request only includes
the burden for this additional information. The burden for the
SF-424 forms is covered under OMB Control Numbers 4040-0004,
4040-0006, 4040-0007, 4040-0008, 4040-0009 and 4040-0013. The
additional information includes the following components: • Notice
of Intent to Apply; • Project Narrative, to include an Executive
Summary; • Project Narrative Attachments, to include project
budget, partnership agreements, partner qualifications, independent
evaluator qualifications, evaluation design plan, independent
evaluator contract, outcome valuation (for which Treasury’s SIPPRA
website will provide a tool to assist applicants), legal
compliance, and (optional) additional supporting documentation such
as a preexisting feasibility study; • DUNS Number and SAM
registration; • Copy of application proposing privileged or
confidential information to be redacted; • Administrative
Reporting, including Annual Performance Report, Evaluation Progress
Reports, and Final Evaluation Report; • Records Retention
US Code:
42
USC 1397 Name of Law: Bipartisan Budget Act of 2018
US Code: 42 USC 1397 Name of Law: Social
Impact Partnerships to Pay for Results Act (SIPPRA)
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.