FAIR Act
In 1998, the Federal Activities Inventory Reform (FAIR) Act (P.L. 105-270) was signed into law. This Act mandated Executive Branch compliance with a revised inventory process and assigned the Office of Management and Budget (OMB) with the responsibility to guide and monitor compliance.
The FAIR Act requires Federal agencies to prepare and submit to the OMB inventories of commercial activities performed by Federal employees. By annually reviewing and revising complete workforce inventories, agencies are better able to understand the functions the workforce is performing and how those functions relate to the agency’ s mission. Agency managers use this analysis to improve ways of managing their human capital resource distribution.
Additional Reference
FAIR Act Overview
FAIR Act Laws, Policies and Memoranda