Attachment 3-July 28 FR notice on FFR

2011-July 28.htm

Federal Financial Report

Attachment 3-July 28 FR notice on FFR.pdf

OMB: 0348-0061

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Federal Register, Volume 76 Issue 145 (Thursday, July 28, 2011)
[Federal Register Volume 76, Number 145 (Thursday, July 28, 2011)]
[Notices]
[Pages 45299-45300]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-19120]


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OFFICE OF MANAGEMENT AND BUDGET


Information Collection Activities: Proposed Collection; Comment 
Request

AGENCY: Office of Management and Budget, Office of Federal Financial 
Management.

ACTION: Notice; Request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act (44 U.S.C. 3501 
et seq.), the Office of Management and Budget (OMB) invites the general 
public and Federal agencies to comment on the renewal without change of 
the Standard Form 425, Federal Financial Report and the SF-425A, 
Federal Financial Report Attachment. Both forms are used in reporting 
financial information under grants and cooperative agreements.

DATES: Comments must be received by September 26, 2011. Due to 
potential delays in OMB's receipt and processing of mail sent through 
the U.S. Postal Service, we encourage respondents to submit comments 
electronically to ensure timely receipt. We cannot guarantee that 
comments mailed will be received before the comment closing date.

ADDRESSES: Comments may be sent through regulations.gov, a Federal E-
Government Web site that allows the public to find, review, and submit 
comments on documents that agencies have published in the Federal 
Register and that are open for comment. Simply type ``FFR renewal'' (in 
quotes) in the Comment or Submission search box, click Go, and follow 
the instructions for submitting comments. Comments received by the date 
specified above will be included as part of the official record.
    Marguerite Pridgen, Office of Federal Financial Management, Office 
of Management and Budget, 725 17th Street, NW., Washington, DC 20503; 
telephone 202-395-7844; fax 202-395-3952; e-mail mpridgen@omb.eop.gov.

FOR FURTHER INFORMATION CONTACT: Marguerite Pridgen at the addresses 
noted above.

SUPPLEMENTARY INFORMATION: In the Paperwork Reduction Act notice 
published on August 13, 2008 [73 FR 47246], OMB directed Federal 
agencies to transition their grant and cooperative agreement recipients 
from using the Standard Forms 269, 269A, 272, and 272A to using the 
Standard Form (SF) 425, Federal Financial Report and Standard Form 
425A, Federal Financial Report Attachment by no later than October 1, 
2009. With this first renewal cycle for the SF-425 and SF-425A, the 
Office of Management and Budget (OMB) invites the general public and 
Federal agencies to comment on the renewal without change of the 
Standard Form 425, Federal Financial Report and the SF-425A, Federal 
Financial Report Attachment, which are posted at http://www.whitehouse.gov/omb/grants_forms. We are particularly interested in 
feedback on (1) How the SF-425 and SF-425A are an improvement over the 
data collections they replaced (SF-269, SF-269A, SF-272, and SF-272A); 
(2) how using a specification for a data exchange or other data model 
instead of structured forms could facilitate the submission and 
collection of the financial data identified in the SF-425 and SF-425A; 
and (3) any proposals, use cases, specifications, or models for 
eliminating redundancies in reporting grant financial information and 
increasing its usefulness regardless of how the

[[Page 45300]]

financial information is reported (form, data input, system-to-system, 
etc.)
    OMB Control No.: 0348-0061.
    Title: Federal Financial Report.
    Form No.: SF-425, SF-425A.
    Type of Review: Renewal of a currently approved collection.
    Respondents: States, Local Governments, Universities, Non-Profit 
Organizations.
    Number of Responses: 1,200,000.
    Estimated Time per Response: 60 minutes.
    Needs and Uses: The SF-425 is used to collect financial information 
for recipients of grants and cooperative agreements and related 
transactions under nonconstruction grant programs.

Debra J. Bond,
Deputy Controller.
[FR Doc. 2011-19120 Filed 7-27-11; 8:45 am]
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