Senators from both parties pressed the Office of Management and Budget Tuesday on the agency's plans to create a procurement pilot for contractor reporting that complies with the DATA Act's requirements.
Senior officials at the Treasury Department and the Office of Management and Budget said that many were on track to meet the deadlines, but couldn't confirm at this time that all 24 major agencies would be able to.
Agencies are depending on instruction from the Office of Management and Budget and Treasury Department to comply with the Digital Accountability and Transparency Act of 2014, but the draft guidance could lead to inconsistent reporting.
The Defense Department's Office of Inspector General has more than 10 IT-related investigations planned for the year.
A proposed rule spearheaded by the Defense Department, General Services Administration and NASA would amend the Federal Acquisition Regulation to change the methodology currently used to identify the entities receiving federal awards like grants and contracts.
Fiscal Assistant Secretary David Lebryk showed attendees at DATA Transparency 2015 the first public images of a forthcoming spending data platform.
The completion of the 57 data standards is designed to help agencies report financial information in a "clear and consistent" manner on USAspending.gov and improve transparency and accountability to the public.
Although the Office of Management and Budget and the Treasury Department have taken important steps toward implementing requirements of the Digital Accountability and Transparency Act of 2014, they have much more to do, the Comptroller General of the United States told Congress.
Despite new guidance on how agencies can meet the requirements prescribed by the Digital Accountability and Transparency Act of 2014, or DATA Act, many questions remain.
On the first anniversary of the Digital Accountability and Transparency Act of 2014, the next phase of its implementation begins. The Office of Management and Budget and the Treasury Department have issued 57 governmentwide standards for posting to USAspending.gov.