Other
Reporting Requirements
Management
and Performance Challenges
As required
by the Reports Consolidation Act of 2000, the following is the Inspector
Generals Statement Concerning NSFs Most Serious Management
and Performance Challenges. It is followed by the Directors Response.
Debt
Collection Improvement Act of 1996
Net
Accounts Receivable totaled $4,654,371 at September 30, 2000. Of that
amount, $3,996,660 was receivable from other federal agencies. The remaining
$657,711 was receivable from the public. NSF fully participates in the
Department of the Treasury Cross-Servicing Program. In accordance with
the Debt Collection Improvement Act, this program allows NSF to refer
debts that are delinquent more than 180 days to the Department of the
Treasury for appropriate action to collect those accounts. Additionally,
NSF seeks Department of Justice concurrence for action on items over $100,000.
Civil
Monetary Penalty Act
There
were no Civil Monetary Penalties assessed by NSF during the relevant financial
statement reporting period.
Prompt Payment Act
NSF
continues to strive for the highest levels of electronic fund transfers
(EFT) payments required by the Prompt Payment Act. Payroll, vendor and
grantee payment transactions are made by EFT. Only payments made to foreign
banks were made by paper check. Interest payments under the Prompt Payment
Act in fiscal year 2000 were minimal.
Patents and Inventions Resulting From NSF Support
The
NSFs Accountability Report also serves as the Foundations
Annual Report. As such, the following information about inventions is
being reported in compliance with Section 3(f) of the National Science
Foundation Act of 1950, as amended [42 U.S.C. 1862(f)]:
In
FY 2000, the Foundation received 358 invention disclosures. Rights to
these inventions were allocated in accordance with Chapter 18 of Title
35 of the United States Code, commonly called the Bayh-Dole Act.
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