Why do the amounts in USASpending.gov keep changing, including for fiscal years that have already been closed?
Providing accurate and timely information requires regular updates to posted data, to reflect newly available information and revisions to previous awards. As the government enters into a contract, grant or loan, the full cost of that obligation is often recorded immediately along with other important dollar values when applicable (e.g., FPDS contains the contract ceiling amount, the contract value at time of award, and the amount of funds being placed on the contract at that moment. Loan records give the face value and the subsidy amount.) Modifications may change the amount of an obligation recorded in a prior period and which has already been reflected on USASpending.gov. These modifications can continue to occur for many years after the fiscal year in which the contract, grant, or loan obligation has ended.
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