OMB concludes review of this ICR with the following terms of clearance: (1) Treasuryâs definition of and methodology for calculating âvalue.â OMB has recommended Benefit-Cost Analysis as the appropriate means of determining savings and value. We are willing to allow Treasuryâs 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 âBenefits.â 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 âbenefitsâ 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 âSocial Impact Partnership Demonstration Projectsâ (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 Treasuryâs 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.