Some federal awards are subject to the Federal Funding Accountability and Transparency Act (FFATA), which aims at reducing wasteful spending in the government and to empower every American with the ability to hold the government accountable for each spending decision. The FFATA legislation requires information on federal awards (federal financial assistance and expenditures) be made available to the public via a single, searchable website.
UCSB Procurement's role is to obtain information from the supplier on Federally funded contracts (this does not apply to Grants) for all transactions exceeding $35,000.00. We use the UC FFATA Reporting Form; and will work with your department on these transactions, as well as with Office of Research for reporting into the government website: www.usaspending.gov