Get the free DATA Act Information Model Schema (DAIMS) - Bureau of the Fiscal...

ADD v1.2: D2 Award and Awardee Attributes (Financial Assistance)Financial Assistance Award Identifying Information FAINLegend Conceptual Model Containerboard Modification Amendment Number URI SAI

How to fill out data act information model

How to fill out data act information model

1. Begin by identifying the required data elements for the Data Act Information Model (DAIM). This can include information such as financial and non-financial data, program performance data, and entity identification data.
2. Create a data inventory to document all the relevant data elements that need to be included in the DAIM.
3. Map the data elements to the appropriate data entities and attributes in the DAIM schema.
4. Populate the DAIM with the actual data by collecting and inputting the required information into the corresponding fields.
5. Ensure data quality by validating and verifying the accuracy and completeness of the data entered.
6. Review and resolve any data conflicts or discrepancies that may arise during the filling process.
7. Once all the data has been filled out, review the DAIM for consistency and compliance with the Data Act reporting requirements.
8. Submit the completed DAIM to the relevant regulatory or oversight agency as required.
9. Periodically update the DAIM as necessary to reflect any changes or updates to the data.

Who needs data act information model?

1. The Data Act Information Model (DAIM) is primarily needed by federal agencies in the United States that are required to comply with the Data Accountability and Transparency Act (DATA Act).
2. This includes executive branch agencies, departments, and programs that receive federal funding and are responsible for reporting financial and non-financial data to the Federal Agencies Submission System (FASS).
3. Additionally, other stakeholders such as Congress, the Office of Management and Budget (OMB), and the general public may also utilize the DAIM to access and analyze federal spending and performance data.

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What is data act information model?

The Data Act Information Model is a standardized set of data elements and formats used to report financial, budget, and award information to the government.

Who is required to file data act information model?

All federal agencies and certain non-federal entities that receive federal funding are required to file the Data Act Information Model.

How to fill out data act information model?

The Data Act Information Model can be filled out using standardized reporting tools provided by the government or through third-party software that is compatible with the data requirements.

What is the purpose of data act information model?

The purpose of the Data Act Information Model is to increase transparency, accountability, and oversight of federal spending by standardizing the reporting of financial data.

What information must be reported on data act information model?

The Data Act Information Model requires the reporting of financial, budget, and award information, including details on expenditures, obligations, and outlays.