If you are a beneficiary, what you are saying will probably not change as much, but the way you talk changes in a way that you may not have hoped for. It is also important to note that information collected by the federal government from fellows must be fully foldable and machine-readable, non-copyrighted and contain all standards already established under the Digital Accountability and Transparency Act (DATA) Act 2014. This bill requires the OMB to cooperate with the executive that provides the most federal grants: the GREAT Act will lead to better oversight of federal funds, greater transparency on the use of funds, and increased opportunities to compare fellows with interoperable information. H.R. 150 / p. 1829, the Grant Reporting Efficiency and Agreements Transparency (GREAT) Act is a law designed to simplify and harmonize the reporting obligations of the recipient of the federal allowance. The bill is based on the results of a successful pilot project approved by the 2014 DATA Act. In practical terms, it would require the creation of a comprehensive and standardized data structure covering all data items reported by federal premium recipients, including grants and cooperation agreements. The legislation would entrust the implementation of the Director of the Office of Management and Budget (OMB). In accordance with the 2019 Act, the Office of Management and Budget will work with the department that provides the most federal grants each year to set government standards for information provided by recipients and to establish guidelines for other agencies on the application of these standards. «The U.S. government spends more than $600 billion annually on grants, yet our reporting processes are in place for the 20th century, not for information needs in 2020,» Hart said.
«The application of data standards and improved data quality promoted by the GREAT Act will provide better information on the performance of fellows, while reducing the reporting burden on fellows, which means that service providers will be able to focus on strategies that best meet the needs of the American people.» The bill requires the Office of Management and Budget to establish government-wide data standards for information reported by Denern, (2) guidelines that direct federal authorities to apply these standards, and (3) to the publication of recipient data collected by all agencies on a single public website. This bill imposes the definition and use of data standards for information reported by federal grant recipients. At the Data Foundation`s Data Transparency 2017 on September 26, 2017, Congressman Virginia Foxx (NC-5-R) announced that she would pass legislation to establish a government open data structure for all federal grant reports.