3 Jul 2025
📝OMB Review Notice for Commercial Acquisitions and Compliance
Submission for OMB Review; Commercial Acquisitions
Summary
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding commercial acquisitions.
Agencies
- Defense Department
- General Services Administration
- National Aeronautics and Space Administration
- Federal Procurement Policy Office
- Management and Budget Office
Business Impact
$$ - Med
The document outlines regulatory requirements under the Federal Acquisition Regulation (FAR) related to commercial acquisitions. It necessitates compliance from businesses submitting information for government contracts, which can impact eligibility and terms of contracts. The call for public comments indicates ongoing engagement with business stakeholders.