Federal Register / Vol. 85, No. 240 / Monday, December 14, 2020 / Notices 80789 

4 5 U.S.C. 552(b)(8). 

5 5 U.S.C. 552(b)(4). 

contained in ‘‘examination, operating, 

or condition reports’’ obtained in the 

bank supervisory process.4 In addition, 

the information may also be kept 

confidential under exemption 4 of the 

FOIA, which protects ‘‘commercial or 

financial information obtained from a 

person [that is] privileged or 

confidential.’’ 5

Current actions: On August 21, 2020, 

the Board published an initial notice in 

the Federal Register (85 FR 51716) 

requesting public comment for 60 days 

on the extension, without revision, of 

the FR H–5. The comment period for 

this notice expired October 20, 

2020.The Board did not receive any 

comments. 

Board of Governors of the Federal Reserve 

System, December 8, 2020. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2020–27372 Filed 12–11–20; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RETIREMENT THRIFT 

INVESTMENT BOARD 

Notice of Board Meeting 

DATES: December 21, 2020 at 10:00 a.m. 

ADDRESSES: Telephonic. Dial-in (listen 

only) information: Number: 1–877–446– 

3914, Code: 2205917. 

FOR FURTHER INFORMATION CONTACT: 

Kimberly Weaver, Director, Office of 

External Affairs, (202) 942–1640. 

SUPPLEMENTARY INFORMATION: 

Board Meeting Agenda 

Open Session 

1. Approval of the November 16, 2020 

Board Meeting Minutes 

2. Monthly Reports 

(a) Participant Activity Reports 

(b) Investment Performance 

(c) Legislative Report 

3. Quarterly Reports 

(d) Vendor Risk Management Update 

Closed Session 

4. Information covered under 5 U.S.C. 

552b(c)(4). 

Informational Session 

5. Ethics and Fiduciary Training 

Authority: 5 U.S.C. 552b(e)(1). 

Dated: December 9, 2020. 

Dharmesh Vashee, 

Acting General Counsel, Federal Retirement 

Thrift Investment Board. 

[FR Doc. 2020–27401 Filed 12–11–20; 8:45 am] 

BILLING CODE 6760–01–P 

GENERAL SERVICES 

ADMINISTRATION 

[OMB Control No. 3090–0292; Docket No. 

2020–0001; Sequence No. 2] 

Submission for OMB Review; FFATA 

Subaward and Executive 

Compensation Reporting 

Requirements 

AGENCY: Office of the Integrated Award 

Environment, General Services 

Administration (GSA). 

ACTION: Notice of request for comments 

regarding an extension to an existing 

OMB information collection. 

SUMMARY: Under the provisions of the 

Paperwork Reduction Act of 1995, the 

Regulatory Secretariat Division will be 

submitting to the Office of Management 

and Budget (OMB) a request to review 

and approve a renewal of the currently 

approved information collection 

requirement regarding FFATA 

Subaward and Executive Compensation 

Reporting Requirements. 

DATES: Submit comments on or before 

January 13, 2021. 

ADDRESSES: Written comments and 

recommendations for this information 

collection should be sent within 30 days 

of publication of this notice to 

www.reginfo.gov/public/do/PRAMain. 

Find this particular information 

collection by selecting ‘‘Currently under 

Review—Open for Public Comments’’ or 

by using the search function. 

FOR FURTHER INFORMATION CONTACT: 

Nancy Goode, Director, Office of 

Stakeholder Engagement, Office of the 

Integrated Award Environment, GSA, at 

telephone number 703–605–2175; or via 

email at nancy.goode@gsa.gov. 

SUPPLEMENTARY INFORMATION: 

A. Purpose 

The Federal Funding Accountability 

and Transparency Act (Pub. L. 109–282, 

as amended by section 6202(a) of Pub. 

L. 110–252), known as FFATA or the 

Transparency Act requires information 

disclosure of entities receiving Federal 

financial assistance through Federal 

awards such as Federal contracts, subcontracts, grants and sub-grants, FFATA 

2(a),(2),(i),(ii). Beginning October 1, 

2010, the currently approved Paperwork 

Reduction Act submission directed 

compliance with the Transparency Act 

to report prime and first-tier sub-award 

data. Specifically, Federal agencies and 

prime awardees of grants were to ensure 

disclosure of executive compensation of 

both prime and subawardees and subaward data pursuant to the 

Transparency Act. This information 

collection requires reporting of only the 

information enumerated under the 

Transparency Act. 

B. Annual Reporting Burden 

Sub-award Responses: 107,614. 

Hours Per Response: 1. 

Total Burden Hours: 107,614. 

Executive Compensation Responses: 

41,298. 

Hours Per Response: 1. 

Total Burden Hours: 41,298. 

Total Annual Burden Hours: 148,912. 

C. Public Comments 

A 60-day notice published in the 

Federal Register at 85 FR 52351 on 

August 25, 2020. Two comments were 

received. However, they did not change 

the estimate of the burden. 

Comment 1: Why is this collection of 

information necessary and what is the 

utility? Here are recommendations for 

improvement. 

Response: This Information Collection 

is specific to the revisions of Title 2 of 

the Code of Federal Regulations (2 CFR) 

published in 85 FR 49506 on August 13, 

2020 affecting Federal grants and 

agreements guidance. The information 

is required by the Federal Funding 

Accountability and Transparency Act 

(FFATA) of 2006 (Pub. L.109—282), as 

amended by the Digital Accountability 

and Transparency Act (DATA) of 2014 

(Pub. L. 113—101). The intent of which 

is to make information on Federal 

expenditures more easily accessible and 

transparent for the public. Exceptions 

for specific entities and the timing 

requirement for the reporting cycle for 

reporting subaward and executive 

compensation information are provided 

in 2 CFR part 170, which aligns with the 

exceptions provided in the statute. 

Also, non-Federal entities seeking 

Federal financial assistance, unless 

otherwise exempt, are required to attain 

a unique entity identifier—currently the 

DUNS—in accordance with 2 CFR part 

25. 

Comment 2: Coronavirus warning. 

Response: Not relevant to this 

information collection. 

Obtaining Copies of Proposals: 

Requesters may obtain a copy of the 

information collection documents from 

the General Services Administration, 

Regulatory Secretariat Division (MVCB), 

1800 F Street NW, Washington, DC 

20405, telephone 202–501–4755. Please 

cite OMB Control No. 3090–0292, 

FFATA Subaward and Executive 

Compensation Reporting Requirements, 

in all correspondence. 

Beth Anne Killoran, 

Chief Information Officer, General Services 

Administration. 

[FR Doc. 2020–27428 Filed 12–11–20; 8:45 am] 

BILLING CODE 6820–WY–P 


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