Cost Counting Continues: No Thrills in Sight
Published Date: 6/16/2025
Notice
Summary
The government wants to keep collecting info about how companies handle their costs, making sure the rules stay clear and fair. This affects businesses that work with the government and helps keep everything on track without extra hassle. They’re asking for approval to continue this process, so no big changes or extra costs are coming—just smooth sailing ahead!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Cost Accounting Reporting Continues
If you run a company that contracts with the federal government, the agencies have asked the Office of Management and Budget (OMB) to approve an extension of the existing information collection about how you handle and report contract costs. The notice says this continues current cost-accounting rules to keep them clear and fair and does not add new changes or extra costs.
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Key Dates
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