TX HHS Form 8040. Federal Funding Accountability and Transparency Act (FFATA) Federal Awards Certification

The TX HHS Form 8040, Federal Funding Accountability and Transparency Act (FFATA) Federal Awards Certification, is a crucial document used to certify material facts about federal awards. This form helps ensure compliance with federal law by providing accurate information about an organization's financial status and transparency in reporting.

This certification form requires the submission of specific information, including certifications about gross income, annual gross revenue from federal awards, and public access to compensation information for highly compensated officers or senior executives. The form also includes sections for signatures and dates, ensuring that authorized representatives attest to the accuracy and completeness of their statements.

The TX HHS Form 8040 should be used by contractors who receive federal funding and are required to report information under federal law. This form is particularly important in scenarios where an organization's gross income or annual revenue from federal awards exceeds certain thresholds, such as $300,000 or $25 million. The form also provides a mechanism for organizations to notify the relevant authorities if any of their certifications become incorrect due to changed circumstances.