Submission for OMB Review; FFATA Subaward and Executive Compensation Reporting Requirements, 80789 [2020-27428]

Download as PDF Federal Register / Vol. 85, No. 240 / Monday, December 14, 2020 / Notices contained in ‘‘examination, operating, or condition reports’’ obtained in the bank supervisory process.4 In addition, the information may also be kept confidential under exemption 4 of the FOIA, which protects ‘‘commercial or financial information obtained from a person [that is] privileged or confidential.’’ 5 Current actions: On August 21, 2020, the Board published an initial notice in the Federal Register (85 FR 51716) requesting public comment for 60 days on the extension, without revision, of the FR H–5. The comment period for this notice expired October 20, 2020.The Board did not receive any comments. Board of Governors of the Federal Reserve System, December 8, 2020. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2020–27372 Filed 12–11–20; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Notice of Board Meeting December 21, 2020 at 10:00 a.m. Telephonic. Dial-in (listen only) information: Number: 1–877–446– 3914, Code: 2205917. FOR FURTHER INFORMATION CONTACT: Kimberly Weaver, Director, Office of External Affairs, (202) 942–1640. SUPPLEMENTARY INFORMATION: DATES: ADDRESSES: Board Meeting Agenda Open Session 1. Approval of the November 16, 2020 Board Meeting Minutes 2. Monthly Reports (a) Participant Activity Reports (b) Investment Performance (c) Legislative Report 3. Quarterly Reports (d) Vendor Risk Management Update Closed Session 4. Information covered under 5 U.S.C. 552b(c)(4). Informational Session 5. Ethics and Fiduciary Training jbell on DSKJLSW7X2PROD with NOTICES Authority: 5 U.S.C. 552b(e)(1). Dated: December 9, 2020. Dharmesh Vashee, Acting General Counsel, Federal Retirement Thrift Investment Board. [FR Doc. 2020–27401 Filed 12–11–20; 8:45 am] BILLING CODE 6760–01–P 45 55 U.S.C. 552(b)(8). U.S.C. 552(b)(4). VerDate Sep<11>2014 02:51 Dec 12, 2020 Jkt 253001 80789 GENERAL SERVICES ADMINISTRATION information enumerated under the Transparency Act. [OMB Control No. 3090–0292; Docket No. 2020–0001; Sequence No. 2] B. Annual Reporting Burden Sub-award Responses: 107,614. Hours Per Response: 1. Total Burden Hours: 107,614. Executive Compensation Responses: 41,298. Hours Per Response: 1. Total Burden Hours: 41,298. Total Annual Burden Hours: 148,912. Submission for OMB Review; FFATA Subaward and Executive Compensation Reporting Requirements Office of the Integrated Award Environment, General Services Administration (GSA). ACTION: Notice of request for comments regarding an extension to an existing OMB information collection. AGENCY: Under the provisions of the Paperwork Reduction Act of 1995, the Regulatory Secretariat Division will be submitting to the Office of Management and Budget (OMB) a request to review and approve a renewal of the currently approved information collection requirement regarding FFATA Subaward and Executive Compensation Reporting Requirements. DATES: Submit comments on or before January 13, 2021. ADDRESSES: Written comments and recommendations for this information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/PRAMain. Find this particular information collection by selecting ‘‘Currently under Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Nancy Goode, Director, Office of Stakeholder Engagement, Office of the Integrated Award Environment, GSA, at telephone number 703–605–2175; or via email at nancy.goode@gsa.gov. SUPPLEMENTARY INFORMATION: SUMMARY: A. Purpose The Federal Funding Accountability and Transparency Act (Pub. L. 109–282, as amended by section 6202(a) of Pub. L. 110–252), known as FFATA or the Transparency Act requires information disclosure of entities receiving Federal financial assistance through Federal awards such as Federal contracts, subcontracts, grants and sub-grants, FFATA 2(a),(2),(i),(ii). Beginning October 1, 2010, the currently approved Paperwork Reduction Act submission directed compliance with the Transparency Act to report prime and first-tier sub-award data. Specifically, Federal agencies and prime awardees of grants were to ensure disclosure of executive compensation of both prime and subawardees and subaward data pursuant to the Transparency Act. This information collection requires reporting of only the PO 00000 Frm 00029 Fmt 4703 Sfmt 9990 C. Public Comments A 60-day notice published in the Federal Register at 85 FR 52351 on August 25, 2020. Two comments were received. However, they did not change the estimate of the burden. Comment 1: Why is this collection of information necessary and what is the utility? Here are recommendations for improvement. Response: This Information Collection is specific to the revisions of Title 2 of the Code of Federal Regulations (2 CFR) published in 85 FR 49506 on August 13, 2020 affecting Federal grants and agreements guidance. The information is required by the Federal Funding Accountability and Transparency Act (FFATA) of 2006 (Pub. L.109—282), as amended by the Digital Accountability and Transparency Act (DATA) of 2014 (Pub. L. 113—101). The intent of which is to make information on Federal expenditures more easily accessible and transparent for the public. Exceptions for specific entities and the timing requirement for the reporting cycle for reporting subaward and executive compensation information are provided in 2 CFR part 170, which aligns with the exceptions provided in the statute. Also, non-Federal entities seeking Federal financial assistance, unless otherwise exempt, are required to attain a unique entity identifier—currently the DUNS—in accordance with 2 CFR part 25. Comment 2: Coronavirus warning. Response: Not relevant to this information collection. Obtaining Copies of Proposals: Requesters may obtain a copy of the information collection documents from the General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street NW, Washington, DC 20405, telephone 202–501–4755. Please cite OMB Control No. 3090–0292, FFATA Subaward and Executive Compensation Reporting Requirements, in all correspondence. Beth Anne Killoran, Chief Information Officer, General Services Administration. [FR Doc. 2020–27428 Filed 12–11–20; 8:45 am] BILLING CODE 6820–WY–P E:\FR\FM\14DEN1.SGM 14DEN1

Agencies

[Federal Register Volume 85, Number 240 (Monday, December 14, 2020)]
[Notices]
[Page 80789]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-27428]


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GENERAL SERVICES ADMINISTRATION

[OMB Control No. 3090-0292; Docket No. 2020-0001; Sequence No. 2]


Submission for OMB Review; FFATA Subaward and Executive 
Compensation Reporting Requirements

AGENCY: Office of the Integrated Award Environment, General Services 
Administration (GSA).

ACTION: Notice of request for comments regarding an extension to an 
existing OMB information collection.

-----------------------------------------------------------------------

SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995, 
the Regulatory Secretariat Division will be submitting to the Office of 
Management and Budget (OMB) a request to review and approve a renewal 
of the currently approved information collection requirement regarding 
FFATA Subaward and Executive Compensation Reporting Requirements.

DATES: Submit comments on or before January 13, 2021.

ADDRESSES: Written comments and recommendations for this information 
collection should be sent within 30 days of publication of this notice 
to www.reginfo.gov/public/do/PRAMain. Find this particular information 
collection by selecting ``Currently under Review--Open for Public 
Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Nancy Goode, Director, Office of 
Stakeholder Engagement, Office of the Integrated Award Environment, 
GSA, at telephone number 703-605-2175; or via email at 
[email protected].

SUPPLEMENTARY INFORMATION:

A. Purpose

    The Federal Funding Accountability and Transparency Act (Pub. L. 
109-282, as amended by section 6202(a) of Pub. L. 110-252), known as 
FFATA or 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). Beginning October 1, 2010, the currently approved 
Paperwork Reduction Act submission directed compliance with the 
Transparency Act to report prime and first-tier sub-award data. 
Specifically, Federal agencies and prime awardees of grants were to 
ensure disclosure of executive compensation of both prime and 
subawardees and sub-award data pursuant to the Transparency Act. This 
information collection requires reporting of only the information 
enumerated under the Transparency Act.

B. Annual Reporting Burden

    Sub-award Responses: 107,614.
    Hours Per Response: 1.
    Total Burden Hours: 107,614.
    Executive Compensation Responses: 41,298.
    Hours Per Response: 1.
    Total Burden Hours: 41,298.
    Total Annual Burden Hours: 148,912.

C. Public Comments

    A 60-day notice published in the Federal Register at 85 FR 52351 on 
August 25, 2020. Two comments were received. However, they did not 
change the estimate of the burden.
    Comment 1: Why is this collection of information necessary and what 
is the utility? Here are recommendations for improvement.
    Response: This Information Collection is specific to the revisions 
of Title 2 of the Code of Federal Regulations (2 CFR) published in 85 
FR 49506 on August 13, 2020 affecting Federal grants and agreements 
guidance. The information is required by the Federal Funding 
Accountability and Transparency Act (FFATA) of 2006 (Pub. L.109--282), 
as amended by the Digital Accountability and Transparency Act (DATA) of 
2014 (Pub. L. 113--101). The intent of which is to make information on 
Federal expenditures more easily accessible and transparent for the 
public. Exceptions for specific entities and the timing requirement for 
the reporting cycle for reporting subaward and executive compensation 
information are provided in 2 CFR part 170, which aligns with the 
exceptions provided in the statute.
    Also, non-Federal entities seeking Federal financial assistance, 
unless otherwise exempt, are required to attain a unique entity 
identifier--currently the DUNS--in accordance with 2 CFR part 25.
    Comment 2: Coronavirus warning.
    Response: Not relevant to this information collection.
    Obtaining Copies of Proposals: Requesters may obtain a copy of the 
information collection documents from the General Services 
Administration, Regulatory Secretariat Division (MVCB), 1800 F Street 
NW, Washington, DC 20405, telephone 202-501-4755. Please cite OMB 
Control No. 3090-0292, FFATA Subaward and Executive Compensation 
Reporting Requirements, in all correspondence.

Beth Anne Killoran,
Chief Information Officer, General Services Administration.
[FR Doc. 2020-27428 Filed 12-11-20; 8:45 am]
BILLING CODE 6820-WY-P
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