Service Definition Considerations : 2.5 Security, Compliance, and Cyber Risk : 2.5.3 FedRAMP
   
2.5.3 FedRAMP
The Federal Risk Authorization and Management Program (FedRAMP) was created to provide a streamlined and standardized process along with a “do once, use many times” approach to the authorization of commercial cloud services.
This program enables US Government agencies to take full advantage of the benefits of migrating their IT assets and infrastructure to the cloud, as they work to meet the goals of the Federal Cloud Computing Strategy published by the White House in February 2011.
The FedRAMP program provides an avenue for cloud service providers (CSPs) to obtain a provisional Authorization to Operate (p-ATO) after undergoing an independent third-party security assessment that has been reviewed by the JAB. By assessing security controls on candidate platforms, and providing
p-ATOs on platforms that have acceptable risk, FedRAMP significantly reduces the time and cost to agencies by removing the assessment and authorization requirements of the underlying cloud vendor services on a system-by-system basis. This minimizes the work each consumer of FedRAMP cloud resources must undergo to receive an actual ATO for the workloads running applications that process sensitive data and transactions.