Pricing Contracts? Let's Extend the Forms for Three More Years
Published Date: 3/13/2025
Notice
Summary
The government is asking to keep collecting info about how contracts are priced under certain rules. This affects businesses and agencies that work on federal contracts, making sure pricing stays clear and fair. No big changes or costs are expected, just a smooth extension to keep things running on time.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Extension of FAR Part 16 Pricing Data Collection
If your business works on federal contracts, the government asked the Office of Management and Budget to extend collecting information about how contracts are priced under Federal Acquisition Regulation (FAR) part 16. This keeps pricing information reported to agencies so contract pricing stays clear and fair. The notice says no big changes or costs are expected and the extension is to keep things running on time.
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Key Dates
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