Commerce Department Seeks OMB Review of Investment Data Forms
Published Date: 2/10/2026
Notice
Summary
The Department of Commerce’s Economic Development Administration is asking for public feedback on how it collects information about approved construction and non-construction investments. This helps make sure the process is clear and not too much work for communities receiving federal support. Comments are due by April 13, 2026, and this review could affect how quickly and easily funds are managed for local projects.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
Mandatory Post‑Award Checklists Reinstated
EDA is proposing to reinstate a series of mandatory post‑award checklists and templates for approved construction and non‑construction investments. The collection lists an estimated 3,500 respondents, 2 hours per response, 7,000 total annual burden hours, and an estimated total annual cost to the public of $480,200. Comments are due on or before April 13, 2026.
New Build America, Buy America Collection
EDA developed a new information collection to help recipients comply with the Build America, Buy America provisions of the Infrastructure Investment and Jobs Act (Pub. L. 117-58). The collection is part of the reinstated post‑award tools and will be submitted for OMB review; EDA states these additions are not expected to increase respondent time burden.
Updated Forms and New Templates Added
EDA plans clarifying edits and new or updated forms and templates, including an updated environmental narrative form for construction projects, updated standard construction terms and conditions, a checklist for alternative construction methods (e.g., CMAR), a new version of property reporting for Tribal recipients, and a new series of checklists for non‑construction projects. EDA says these changes will facilitate timely completion and not change the type of information collected.
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