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You are here: Home / Government Contracting News / Federal spending data is due: Is anyone meeting the deadline?

May 11, 2017 By AMK

Federal spending data is due: Is anyone meeting the deadline?

Three years after the Digital Accountability and Transparency Act was signed, federal agencies are uploading their financial data to USASpending.gov, an effort to make government operations more transparent to the public.

A beta version of the site, where some of that data is currently accessible, was launched Tuesday by the Treasury Department and Amazon Web Services. Treasury, along with the Office of Management and Budget, is tasked with implementing the DATA Act.

Agencies are still racing to meet the May 9 deadline. Most appear to have reported some data, even if only partially, according to Treasury’s data directory. But missed deadlines and imperfect compliance won’t be a surprise: watchdog reports suggested as much.

For instance, several inspector general audits conducted last year concluded at least three wouldn’t meet the deadline, and another dozen hadn’t said if they would or would not. The Government Accountability Office also concluded OMB and Treasury aren’t using agencies’ internal audits to help gauge their financial transparency audits.

Keep reading this article at: http://m.nextgov.com/big-data/2017/05/federal-spending-data-due-anyone-making-deadline/137702

Filed Under: Government Contracting News Tagged With: DATA Act, Digital Accountability and Transparency Act, GAO, spending, Treasury Dept.

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