Federal Grant Solicitations Improvement Act of 2011
October 5, 2011 § Leave a comment
In June 2011, the Federal Grant Solicitations Improvement Act of 2011 was introduced to the House of Representatives, proposing the publishing of an annual federal grant solicitation forecast. If enacted, the federal agencies would be required to submit a forecast of expected grant solicitations by subject area for the next fiscal year to the Office of Management and Budget (OMB) by November 30th each fiscal year. According to the proposed legislation, the following information must be included for each grant solicitation forecasted by an agency:
- Expected issuance date of solicitation and application
- Website link to grant solicitation and application
- Estimated award amount
- Single agency point of contact for questions on the specific grant and application
- Expected date for award decision
Under the proposed legislation, OMB must make the forecasted data available to the public on Grants.gov within 30 days after agencies submit their annual forecasts. OMB will also be responsible for making necessary updates to the grants solicitation forecasts as submitted by agencies. In addition, in consultation with the Chief Financial Officer’s Council (CFOC), OMB will develop and issue standards to ensure uniformity in the format and submission of forecasts by agency heads within six months of the legislation becoming law.
As of September 2011, the Federal Grant Solicitation Improvement Act of 2011 was in review with the House Subcommittee on Technology, Information Policy, Intergovernmental Relations, and Procurement Reform. If enacted, the legislation will provide potential grant applicants with a full year view of grant opportunities, allowing them to better plan their funding streams and prepare for upcoming solicitations.