13 Mar 2025
📄Overview of Federal Acquisition Regulation Part 15 Requirements
Submission for OMB Review; Certain Federal Acquisition Regulation Part 15 Requirements
Summary
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to the Office of Management and Budget (OMB) a request to review and approve an extension of a previously approved information collection requirement regarding certain Federal Acquisition Regulation (FAR) part 15 requirements.
Agencies
- Defense Department
- General Services Administration
- National Aeronautics and Space Administration
Business Impact
$$$ - High
The notice involves compliance with Federal Acquisition Regulation (FAR) requirements, necessitating businesses to submit significant information for contract bids. This has direct financial and operational implications for contractors and suppliers engaging with federal agencies.