Getting to know TEAM. FTA’s Internet-Accessible Grants, Project, and Financial Management System. What does FTA do with it’s annual budget?. Administrative Payroll, rent, etc. Program Grants Program Support Paying contractors, consultants, other agencies, etc. Not tracked in TEAM.
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FTA’s Internet-Accessible Grants, Project, and Financial Management System
Not tracked in TEAM
Grants make up 90% of the projects, but 97% of the $
How do we get it to our grantees & contractors?
A Few Basics to Get You Started…
DC-26-5001-00 – Recipient State
DC-26-5001-00 – Section Code
DC-26-5001-00 – Activity/ Cost Center
DC-26-5001-00 – Sequence #
DC-26-5001-00 – Amendment
(must match the funding you reserve!)
If it is a GRANT, it MUST be 0 or X if multiple financial purpose codes are to be used for funding, if non-grant, use the 2nd digit of your cost center code
1211 KALAMAZOO METRO TRANSIT
Be absolutely certain that you are using the correct code to reserve funds for your projects!!! There are many new codes from SAFETEA-LU!!!