27 May 2025
📜OMB Review Submission on Service Contracting Requirements
Submission for OMB Review; Service Contracting
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 service contracting.
Agencies
- Defense Department
- General Services Administration
- National Aeronautics and Space Administration
- Federal Procurement Policy Office
- Management and Budget Office
Business Impact
$$ - Med
The text outlines compliance and regulatory requirements related to service contracting, emphasizing the need for offerors to report uncompensated overtime. This affects how companies prepare proposals and could impact cost assessments, leading to financial implications.