Copy
May 5, 2016
Data Coalition News
View this email in your browser
The latest:
  • Treasury Department Publishes Long-­Awaited Data Format for Federal Spending
  • OMB Reinforces DATA Act with New Guidance
  • House Oversight Committee Shows us What's Ahead for DATA Act 
  • 1,000 Grantees Invited to Join HHS' Grantee Reporting Pilot Program  
  • Promo Code for DATA Act Summit Below!

Treasury Department Publishes Long-­Awaited Data Format for Federal Spending

Last Friday, Treasury announced the release of the completed DATA Act Schema, Version 1.0.

Under the DATA Act of 2014, Treasury and the White House Office of Management and Budget must establish government-wide standardized data elements for federal spending – and also set up a government-wide format, or schema, that dictates how the data elements relate to one another. Treasury and OMB published fifty-seven data elements last year, and also completed a preliminary version of the schema. Last Friday, Treasury released the final schema on its Federal Spending Transparency GitHub portal.

Last week’s announcement also included specific instructions to agencies on how to create and upload standardized data files that conform to the 57 DATA Act elements and the DATA Act Schema. All federal agencies must begin reporting their spending information using these standards by May 2017.

On Tuesday, OMB reinforced the DATA Act Schema by issuing new guidance requiring all agencies to follow it.

At a House Oversight subcommittee hearing last month, Treasury and OMB promised to keep Congress updated on agencies’ progress toward the deadline.

Read the Coalition's full press release here

Op-ed by Hudson Hollister: House Oversight Committee Shows us What's Ahead for DATA Act 

On April 13, key Congressional oversight leaders gathered to check on the health of the DATA Act.

Their prognosis? Good, but not out of the woods yet.

The joint oversight hearing brought officials from the White House Office of Management and Budget (OMB), the Treasury Department, the Department of Health and Human Services (HHS), and the Government Accountability Office (GAO) before the House Oversight subcommittees on Information Technology and Government Operations. (The same two subcommittees last held a similar joint hearing nearly nine months ago.)

Congressional oversight of the DATA Act is important. Congress must verify that federal agencies are on track to transform their spending information from disconnected documents into standardized, open data by the law’s May 2017 deadline. Congress must also ensure that OMB is moving forward toward standardizing the wide variety of grantee and contractor reports, as Section 5 of the DATA Act requires.

The witnesses’ testimony gave reasons to be optimistic that agencies are complying with the law and will be able to standardize their spending information by May 2017.

To learn more about DATA Act implementation, click here.

To continue reading the GovLoop article, click here.

1,000 Grantees Invited to Join HHS' Grantee Reporting Pilot Program 

Last Wednesday, the Department of Health and Human Services’ DATA Act office issued a call to over 1,000 federal grantees to join the DATA Act Section 5 pilot program.

The pilot program is intended to determine –by May 2017– whether data standards can help grantees automate their preparation and submission of required reports. If properly administered, the pilot program will demonstrate that a “TurboTax for grants” is indeed possible. HHS and OMB will analyze pilot participants’ experiences to create recommendations to Congress on whether consistent data standards should be adopted across all grant reporting.

Rep. Hultgren to SEC: Open Data Shortcomings Show the Need for the Financial Transparency Act

Rep. Randy Hultgren, a cosponsor of the Financial Transparency Act, has increasingly spoken out about the need to transform financial regulatory reporting from the current document-based system to one centered on open data.

In a House Financial Services capital markets subcommittee hearing, Rep. Hultgren reiterated his support for the Financial Transparency Act and told SEC compliance and examinations director Marc Wyatt that the SEC should use open data to track the entities it regulates.

For more on the case for open data in financial regulation, watch Rep. Hultgren’s video clip of his questions and read the Data Coalition’s op-ed with the Software and Information Industry Association.

Panelists: Open Data Standards Enable Oversight

At last month's Data Breakfast, hosted by the Data Coalition and presented by Esri, current and former federal analytics leaders, moderated by former Postal Service Inspector General Dave Williams, explored the use of analytics for oversight. The panelists were unanimous: if agencies invest in consistent data standards for the wealth of information that they collect and generate, anti­fraud analytics can generate outsized returns.

Panelists focused on the expected impact of the Digital Accountability and Transparency Act of 2014 (DATA Act), which requires all agencies to adopt standardized fields and formats for their spending information by May 2017. “The DATA Act is significant, but it is just the start,” said Department of Justice assistant inspector general Jason Malmstrom. “The government is very good at collecting [spending] data, [but] it is only recently that we have begun to ask what we can do with that data.”

To continue reading the Coalition's press release, click here.

UPCOMING EVENTS!

May 26: DATA Act Summit - Use promo code DCN20 for $20 off!

Join the Data Coalition for the third annual DATA Act Summit in Washington, which will bring together DATA Act Congressional supporters, state and federal agencies, and advocacy groups.

Speakers include: Reps. Darrell Issa and Mark Meadows, Dave Mader, OMB Controller, David Lebryk, Fiscal Assistant Secretary, Treasury Department, and more! View all confirmed speakers here.

For a limited time only use promo code DCN20 to receive $20 off tickets!

To register, click here.

When: 
Thursday, May 26 2016, 7:30am-5:30pm 
Where:
Washington Hilton - 1919 Connecticut Avenue Northwest, Washington, DC 20009  
Facebook
Facebook
Twitter
Twitter

Data Coalition Members


Executive
Workiva
PwC
Research Data Group
RR Donnelley


Partner
Booz Allen Hamilton
DataTracks
OpenGov
MorganFranklin Consulting
Socrata
StreamLink Software


Regular
BackOffice Associates
Center for Organizational Excellence
CGI Federal
CohnReznick
Elder Research
Esri
Experian
Fujitsu
Global IDs
Grant Thornton
Information Builders
IRIS Business Services
LexisNexis
Merrill Corporation
NewGen
PR Newswire
Tableau
Xcential


Startup
BCL Technologies
cBEYONData
Gov-PATH Solutions
idaciti


Trade Association
Object Management Group 
XBRL-US

 

About Us

The Data Coalition advocates on behalf of the private sector and the public interest for the publication of government information as standardized, open data.
Copyright © 2016 Data Coalition, All rights reserved.


unsubscribe from this list    update subscription preferences 

Email Marketing Powered by Mailchimp