On December 30, 2019, the President signed the Grant Reporting Efficiency and Agreements Transparency (GREAT) Act of 2019 (P.L. 116-103) into law. The bipartisan GREAT Act transforms federal grant reporting for the modern era by directing federal agencies to modernize and improve grantee reporting.
Recipients of federal grants include school districts, fire departments, police stations, hospitals, food banks, homeless shelters, job training centers, water treatment facilities, along with a host of other non-profit and governmental services. When fully implemented, the application of data standards in the GREAT Act will help provide decision-makers with critical information about grantee performance and ensure grantees can spend less time on reporting and more time delivering services that benefit society.
The GREAT Act will lead to improved oversight of federal funding, greater transparency about how funds are used, and enhanced capabilities to compare grantees with interoperable information.