April 15, 2007

Feds Ask for Comments on Awards Database

The Office of Management and Budget is developing a new congressionally mandated searchable database of all federal contract and grant awards. OMB is requesting feedback from the public on what they would like to see in the final product.
  • Congress has required the database have these components:
  • the name of the entity receiving the award;
  • the amount of the award;
  • information on the award including transaction type, funding agency, etc;
  • the location of the entity receiving the award; and
  • a unique identifier of the entity receiving the award.
Database development is scheduled to start in April 2007. Comments may be submitted at http://www.federalspending.gov/comments/comments.do.