From Federal Computer Week:
The Office of Management and Budget has issued preliminary instructions Nov. 9 to agencies on how to report contract, grant and other types of financial data for inclusion in the Federal Funding Accountability and Transparency Act (FFATA) system.
In a memo to agency secretaries, Robert Shea, OMB’s associate director for management, said the administration will issue a final policy when it launches the database by Jan. 1, 2008.