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The National Technology Transfer and Advancement Act (NTTAA) directs federal agencies with respect to their use of and participation in the development of voluntary consensus standards. The Act's objective is for federal agencies to adopt voluntary consensus standards, wherever possible, in lieu of creating proprietary, non-consensus standards.

The Act also directs the National Institute of Standards and Technology (NIST) to coordinate the standards and conformity assessment activities of federal agencies, as well as state and local governments with the private sector in order to reduce unnecessary duplication and complexity of conformity assessment schemes.  

Progress towards accomplishing NTTAA aims is summarized in annual reports prepared by NIST, in collaboration with the Interagency Committee on Standards Policy (ICSP).